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Fly News Breaks for October 1, 2019
HUBS
Oct 1, 2019 | 04:59 EDT
Jefferies analyst Samad Samana views the 23% selloff in shares of HubSpot since the company's analyst event on September 5 as a buying opportunity. The company will likely exceed consensus subscription revenue targets for 2019 and 2020, Samana tells investors in a research note after speaking with one of HubSpot's largest partners. The commentary was positive on deal activity, the company''s competitive positioning, and customers' views on pricing, says the analyst. He maintains a Buy rating on HubSpot shares with a $230 price target.
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