HubSpot price target raised to $725 from $695 at Jefferies

Jefferies raised the firm’s price target on HubSpot to $725 from $695 and keeps a Buy rating on the shares following “solid beats” in terms of Q4 revenue and operating margin. Net adds growth accelerated to 30% year-over-year from 14% in Q3 and management’s tone was more constructive, says the analyst, who sees “another strong year ahead” for HubSpot.