Stifle Reiterates Buy On HubSpot; Increased Price Target Implies 2.3% Upside - HubSpot (NYSE:HUBS)

Stifel analyst J. Parker Lane raised the price target on HubSpot Inc (NYSE:HUBS) to $600 from $565, implying a 2.3% upside, and reiterated a Buy rating.

The rating follows discussion with multiple partners in the HubSpot ecosystem ahead of the company's Q2 earnings report.
His partner and customer checks clarified that HubSpot continues to be one of the dominant players in the CRM and marketing space for small and medium-sized businesses.
HubSpot's Q2 revenue estimate of $297 million is about the consensus forecast near $295 million.
Price action: HUBS shares traded higher by 1.18% at $583.57 on the last check Wednesday.

HUBSHubSpot Inc

$202.00-%

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