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HubSpot (HUBS) received a price target increase by Rosenblatt Securities based on expectations of stronger revenue growth for the cloud-based provider of sales and marketing software. Rosenblatt analyst Kirk Adams, in a research report Wednesday, raised his price target on HubSpot to 61 from 50 and reiterated a buy rating, supported by “sustained growth rates, positive cash flow in 2016 and more opportunities ahead.” HubSpot stock was down 1% in Scalper1 News
Scalper1 News