HubSpot price target raised to $750 from $675 at Raymond James

Raymond James analyst Brian Peterson raised the firm’s price target on HubSpot (HUBS) to $750 from $675 and keeps an Outperform rating on the shares following an “impressive Q3 beat and raise to the full year outlook.” The firm believes HubSpot has a conservative setup heading into an all important Q4 print and 2025 outlook, “where early pipeline commentary has been encouraging.” Raymond James also cited the company’s “expanding AI portfolio and monetization strategy” as reasons HubSpot is “deserving of a premium valuation.”