HubSpot removed from ‘Tactical Outperform’ list at Evercore ISI

Evercore ISI removed HubSpot (HUBS) from the firm’s “Tactical Outperform” list, noting that shares are up 39% since the stock had been added. While the firm continues to believe that Street estimates for calendar year 2025 can move higher, it believes some of the optionality that existed 5-6 weeks ago is “now better reflected in the shares at current levels,” says the analyst, who has an In Line rating and $700 price target on the stock.