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ubs raises hubspot price target amid strong growth and market optimism

UBS analyst Taylor McGinnis raised HubSpot's price target to $740, maintaining a Neutral rating, citing strong demand trends and a robust fourth quarter performance. Despite a 21.78% revenue growth and a high gross profit margin, concerns about overvaluation persist, with projections for 2025 revenue growth revised down to 13%. Other analysts have also increased their targets, reflecting confidence in HubSpot's strategic direction and recent acquisitions, while the company prepares for leadership changes.
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