KeyBanc initiated coverage of HubSpot with an Underweight rating and $520 price target. HubSpot has “built an impressive business from its origin in inbound marketing to now a legitimate front-office platform,” the analyst tells investors. However, the firm calls the stock “your classic long-view positive, short-view negative situation because there are indeed risks.” The firm, which feels like it is “being optimistic in our assumptions,” sees the risk-reward profile skewing downward.
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Read More on HUBS:
- Jefferies software analyst to hold an analyst/industry conference call
- HubSpot price target raised to $710 from $648 at Macquarie
- HubSpot price target raised to $720 from $604 at Argus
- Bad News for HubSpot, Inc. Stock: This New Risk Has Been Added
- HubSpot price target raised to $700 from $600 at Truist
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