Wells Fargo analyst Michael Turrin lowered the firm’s price target on HubSpot to $550 from $600 and keeps an Overweight rating on the shares. The firm notes that Q3 partner feedback was mixed, with plenty of nuance to sort through. While this affects the near-term/tactical discussion, Wells thinks the recent pullback also presents a favorable entry point for investors with a long-term lens.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HUBS:
- HubSpot price target lowered to $515 from $520 at Piper Sandler
- HubSpot transferred with an Outperform at Macquarie
- HubSpot price target lowered to $568 from $604 at Morgan Stanley
- HubSpot price target lowered to $593 from $660 at KeyBanc
- Amgen upgraded, Texas Instruments downgraded: Wall Street’s top analyst calls
