BofA raised the firm’s price target on HubSpot (HUBS) to $850 from $780 and keeps a Buy rating on the shares. After having hosted CEO Yamini Rangan in investor meetings in Boston, the firm remains “bullish” on the durability of growth for HubSpot, the analyst tells investors. The firm has “added confidence” for growth to reaccelerate to mid-20s in an upside case from both AI and a better macro backdrop moving through FY25, the analyst added.
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