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Fly News Breaks for February 13, 2019
HUBS
Feb 13, 2019 | 09:39 EDT
Needham analyst Scott Berg raised his price target on HubSpot to $198 and kept his Buy rating after the company posted "another strong quarter" with upside in revenue and multi-product sales. The analyst notes that the improvements in the company's services profitability can drive a 200bps or better rise in operating margins while the price increase also lifts its average revenue per user metric higher relative to last quarter.
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