Stifel analyst J. Parker Lane raised the firm’s price target on HubSpot to $625 from $600 and keeps a Buy rating on the shares. After having spoken with five HubSpot Elite partners to get a better sense of how Q3 played out and gather perspectives on the developments at the INBOUND product announcements and analyst day, the analyst says the “largely positive early partner feedback” on Breeze Agents and Breeze Intelligence “solidify our belief that HubSpot is positioning itself to be a leading provider of AI CRM solutions for SMB and Mid-Market businesses.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HUBS:
- Amplitude, HubSpot partner to help Go To Market teams close more deals
- DELL, CRWD, HUBS: Which Bruised Tech Stock Is the Best Option?
- 3 Best Stocks to Buy Now, 8/21/2024, According to Top Analysts
- Similarweb appoints Hubspot CMO Kipp Bodnar to Board of Directors
- HubSpot price target lowered to $500 from $575 at Barclays