Cantor Fitzgerald lowered the firm’s price target on HubSpot (HUBS) to $500 from $775 and keeps an Overweight rating on the shares. The firm cites the continued multiple compression across SaaS for the price target reduction.
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- HubSpot’s Earnings Call Highlights Growth and AI Advances
- HubSpot price target lowered to $500 from $650 at Evercore ISI
- HubSpot price target lowered to $640 from $747 at Morgan Stanley
- HubSpot price target lowered to $700 from $900 at Needham
- HubSpot price target lowered to $520 from $600 at TD Cowen