HashiCorp price target raised to $36 from $35 at Truist

Truist analyst Miller Jump raised the firm’s price target on HashiCorp to $36 from $35 and keeps a Buy rating on the shares. The analyst cites the company’s "strong" Q4 results and "solid" guidance in spite of the continued macro challenges, adding that the highlight of its eqrnings call was the plan to pull forward their operating margin breakeven date from the second half of FY26 to second half of FY25 given the operating leverage demonstrated in the last few quarters.