HubSpot price target raised to $710 from $600 at Canaccord

Canaccord raised the firm’s price target on HubSpot (HUBS) to $710 from $600 and keeps a Buy rating on the shares. The firm said Q3 results were solid showing continued traction with multi-Hub lands further up-market, ongoing progress driving high velocity adds at the low-end of the market, and a new pricing plan that, to date, is largely playing out as expected.