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Analysts Offer Insights on Technology Companies: Check Point (CHKP) and HubSpot (HUBS)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Check Point (CHKPResearch Report) and HubSpot (HUBSResearch Report).

Check Point (CHKP)

In a report issued on August 1, Matthew Hedberg from RBC Capital maintained a Hold rating on Check Point, with a price target of $145.00. The company’s shares closed last Wednesday at $117.93.

According to TipRanks.com, Hedberg is ranked 0 out of 5 stars with an average return of -7.7% and a 35.5% success rate. Hedberg covers the Technology sector, focusing on stocks such as Ping Identity Holding, DoubleVerify Holdings, and CrowdStrike Holdings.

Currently, the analyst consensus on Check Point is a Moderate Buy with an average price target of $139.54, representing a 17.4% upside. In a report issued on July 19, Mizuho Securities also maintained a Hold rating on the stock with a $136.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

HubSpot (HUBS)

In a report issued on August 2, Rishi Jaluria from RBC Capital maintained a Buy rating on HubSpot, with a price target of $500.00. The company’s shares closed last Wednesday at $350.18, close to its 52-week low of $257.21.

According to TipRanks.com, Jaluria is a 3-star analyst with an average return of 1.4% and a 47.0% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Duck Creek Technologies.

HubSpot has an analyst consensus of Strong Buy, with a price target consensus of $438.18, implying a 32.4% upside from current levels. In a report issued on July 26, Oppenheimer also initiated coverage with a Buy rating on the stock with a $350.00 price target.

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