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HubSpot gets a boost despite earnings miss, with analysts setting an average target price of $863.96.
HubSpot, a cloud-based CRM provider, received an "Outperform" rating from William Blair and positive updates from other analysts, setting an average target price at $863.96 with a "Moderate Buy" consensus.
Despite reporting a significant miss on earnings per share ($0.20 vs. $2.18 estimate), the company saw increased institutional ownership and insider sales.
Hedge funds now own 90.39% of the stock.
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HubSpot recibe un impulso a pesar de la pérdida de ganancias, con los analistas estableciendo un precio objetivo promedio de $863,96.