HubSpot (HUBS) Stock: $700 Price Target And Buy Rating

By Amit Chowdhry ● Mar 26, 2022
  • The shares of HubSpot Inc (NYSE: HUBS) have received a $700 price target from Stifel. These are the details.

The shares of HubSpot Inc (NYSE: HUBS) have received a $700 price target from Stifel. And Stifel analyst J. Parker Lane is maintaining a “Buy” rating on the company shares.

Lane adjusted the rating as the enterprise software team reduced top and bottom-line estimates by a low-single-digit percentage on average for the vast majority of the roughly 70 software companies they follow to reflect what they believe will be an increasing headwind to new business activity stemming from the ongoing fallout of the Russia/Ukraine war, accelerating supply-chain disruptions and the expanding impact of meaningfully higher energy prices on consumer spending.

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