HubSpot price target raised to $780 from $675 at BofA

BofA raised the firm’s price target on HubSpot (HUBS) to $780 from $675 and keeps a Buy rating on the shares. Solid execution against key growth initiatives led to “very solid” Q3 results across growth metrics, the analyst tells investors in a post-earnings note. Commentary suggests that both up-market and down-market strength contributed to upside, the analyst added.