HubSpot price target raised to $540 from $520 at BMO Capital

BMO Capital raised the firm’s price target on HubSpot to $540 from $520 and keeps an Outperform rating on the shares. The firm has spent time on the road with leading industry experts on HubSpot and has increased confidence in the company’s easy-to-use and effective tech platform, including its soon-to-be offered GenAI capabilities infused throughout the portfolio, the analyst tells investors in a research note.