BUZZ-J.P. Morgan raises HubSpot PT on positive executive comments, AI tailwinds

Reuters
02-11
BUZZ-J.P. Morgan raises <a href="https://laohu8.com/S/HUBS">HubSpot</a> PT on positive executive comments, AI tailwinds

** J.P. Morgan raises PT on online marketing software company HubSpot HUBS.N to $725 from $635, citing constructive comments from a senior company partner

** Brokerage says HubSpot is actively using its own AI tools to “close business much faster”

** Says the contact also presents a favorable view for HubSpot on the downstream impacts from DeepSeek’s R1 model

** "Partner feedback indicates that he is seeing 'AI embedded across all the Hubs' within the HubSpot platform," says brokerage

** New PT is a 10% downside to stock's last close

** Twenty-two of 30 brokerages rate stock "buy" or higher, and 8 "hold"; median PT is $775 - data compiled by LSEG

** Stock rose 20% in 2024

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com;))

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