Despite HubSpot's Big Losses, Wall Street Thinks Its a Winner This Year

Bank of America analyst Matt Bullock reinstated coverage of HubSpot with a Buy rating and a $300 price target. The call is a clear bullish signal that may support HUBS share sentiment and produce modest upside pressure, but is unlikely to move broader markets materially.

Analysis

Bank of America analyst Matt Bullock reinstated coverage of HubSpot with a Buy rating and a $300 price target. The call is a clear bullish signal that may support HUBS share sentiment and produce modest upside pressure, but is unlikely to move broader markets materially.