Guggenheim Issues a Buy Rating on HubSpot (HUBS)
In a report released yesterday, Kenneth Wong from Guggenheim assigned a Buy rating to HubSpot (HUBS). The company’s shares closed last Tuesday at $494.85.
According to TipRanks.com, Wong is a 4-star analyst with an average return of 26.7% and a 69.6% success rate. Wong covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Altair Engineering, and Veeva Systems.
HubSpot has an analyst consensus of Strong Buy, with a price target consensus of $568.88, an 12.0% upside from current levels. In a report issued on April 22, Wolfe Research also initiated coverage with a Buy rating on the stock with a $650.00 price target.
See today’s analyst top recommended stocks >>
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.