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HubSpot price target raised to $885 from $690 at BMO Capital

BMO Capital raised the firm’s price target on HubSpot (HUBS) to $885 from $690 and keeps an Outperform rating on the shares. The company reported a solid December quarter helped by ongoing multi-hub adoption and robust customer additions, while its free cash flow was far above the firm’s estimate, the analyst tells investors in a research note.

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