Canaccord Genuity Maintains Buy on HubSpot, Lowers Price Target to $600
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Richard Davis maintains a Buy rating on HubSpot (NYSE:HUBS) but lowers the price target from $700 to $600.
August 08, 2024 | 11:44 am
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Canaccord Genuity analyst Richard Davis maintains a Buy rating on HubSpot but lowers the price target from $700 to $600.
The Buy rating suggests continued confidence in HubSpot's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100