RBC Capital analyst Rishi Jaluria maintained a Buy rating on HubSpot (HUBS – Research Report) on April 24 and set a price target of $700.00. The company’s shares closed yesterday at $631.13.
Jaluria covers the Technology sector, focusing on stocks such as Palantir Technologies, Pegasystems, and Salesforce. According to TipRanks, Jaluria has an average return of 3.4% and a 51.33% success rate on recommended stocks.
In addition to RBC Capital, HubSpot also received a Buy from Bank of America Securities’s Bradley Sills in a report issued on April 24. However, on April 10, KeyBanc assigned a Sell rating to HubSpot (NYSE: HUBS).
The company has a one-year high of $693.85 and a one-year low of $399.49. Currently, HubSpot has an average volume of 523.4K.
Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HUBS in relation to earlier this year.
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HubSpot (HUBS) Company Description:
HubSpot, Inc. provides cloud-based marketing and sales software platform that enables businesses to deliver an inbound experience. It operates through the following geographical segments: Americas, Europe, and Asia Pacific. The company was founded by Brian Halligan and Dharmesh Shah on April 4, 2005 and is headquartered in Cambridge, MA.
Read More on HUBS:
- HubSpot announces departure of Chief Customer Officer Rob Giglio
- M&A News: GOOGL’s HUBS Acquisition May Spark Antitrust Confrontation
- BofA says Google Cloud Next can boost AI sentiment for Alphabet
- HubSpot price target raised to $750 from $700 at Stifel
- Piper sees strategic sense in Alphabet acquiring HubSpot
