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Fly News Breaks for September 5, 2019
HUBS
Sep 5, 2019 | 07:06 EDT
Raymond James analyst Brian Peterson raised his price target on HubSpot shares to $210 from $200 after attending the company's analyst day and user conference, stating that he suspects investors may underappreciate the news regarding the company's new frictionless checkout experience. He believes the stock deserves a premium multiple given HubSpot's growth profile and significant total addressable market opportunity, Peterson tells investors. He keeps an Outperform rating on the stock.
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