HubSpot price target raised to $900 from $850 at Oppenheimer

Oppenheimer analyst Ken Wong raised the firm’s price target on HubSpot (HUBS) to $900 from $850 and keeps an Outperform rating on the shares. The company reported strong Q4 results with revenue topping consensus estimates and elevated investor expectations, along with constant currency billings accelerating despite a tougher comp, the analyst tells investors in a research note. HubSpot management also talked up AI interest activating cross-sell activity across Content Hub and Service Hub, the firm adds.