HubSpot price target raised to $650 from $550 at UBS

UBS raised the firm’s price target on HubSpot (HUBS) to $650 from $550 and keeps a Neutral rating on the shares. The company reported a solid Q3 print, as 20% revenue and billings growth met investor expectations and was only a modest deceleration from low-20s growth in the first half of 2024, the analyst tells investors in a research note.