HubSpot (NYSE:HUBS) was downgraded by equities research analysts at Evercore ISI from an “outperform” rating to an “in-line” rating in a research report issued on Monday. They presently have a $90.00 price objective on the software maker’s stock. Evercore ISI’s target price indicates a potential downside of 22.61% from the stock’s current price.
HUBS has been the topic of several other research reports. Zacks Investment Research raised HubSpot from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a research report on Tuesday, January 2nd. Canaccord Genuity boosted their price objective on HubSpot from $98.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. boosted their price objective on HubSpot from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Monday, February 12th. SunTrust Banks boosted their price objective on HubSpot to $112.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a $96.00 price objective (down previously from $99.00) on shares of HubSpot in a research report on Tuesday, January 30th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $94.82.
HubSpot (NYSE:HUBS) opened at $116.30 on Monday. The company has a quick ratio of 3.38, a current ratio of 3.38 and a debt-to-equity ratio of 1.42. HubSpot has a 1 year low of $56.95 and a 1 year high of $122.25.
Large investors have recently added to or reduced their stakes in the stock. ETRADE Capital Management LLC bought a new stake in shares of HubSpot during the 3rd quarter valued at $203,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of HubSpot by 35.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the software maker’s stock valued at $206,000 after purchasing an additional 606 shares during the period. Raymond James Trust N.A. bought a new stake in shares of HubSpot during the 4th quarter valued at $216,000. Sciencast Management LP bought a new stake in shares of HubSpot during the 4th quarter valued at $219,000. Finally, 361 Capital LLC bought a new stake in shares of HubSpot during the 3rd quarter valued at $222,000. Institutional investors own 98.73% of the company’s stock.
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HubSpot Company Profile
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.
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