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HubSpot price target lowered to $650 from $675 at Truist

Truist analyst Terry Tillman lowered the firm’s price target on HubSpot (HUBS) to $650 from $675 and keeps a Buy rating on the shares. The company delivered another solid quarter of growth and margin execution, beating the firm’s estimates on the top and bottom lines, while the management remains confident on its multi-year AI opportunity and reported positive momentum with multi-hub adoption and its upmarket motion, the analyst tells investors in a research note.

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