Stifel analyst J. Parker Lane raised the firm’s price target on HubSpot to $390 from $325 and keeps a Buy rating on the shares after having discussed recent trends and the 2023 outlook with five HubSpot agency partners in recent weeks. Partners didn’t note a further deterioration in Q4 and continued to see solid retention and expansion activity within their respective client bases, said the firm, which now sees potential for HubSpot to deliver upside to its estimates.
Published first on TheFly
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