HubSpot To Gain Market Share With AI Innovations and Strong Retention, Bullish Analyst Says
HUBSHubSpot(HUBS) Benzinga·2024-09-20 02:48

Piper Sandler analyst Brent Bracelin maintained an Overweight rating on HubSpot Inc HUBS with a $570 price target.Bracelin expects HubSpot to gain market share due to its highly efficient GTM effort combined with organic product development, which results in customer satisfaction and structurally higher gross dollar retention in the high 80s.The analyst noted that the company is increasing, expanding at three times the market’s 11% rate over the last four years, yet its share is still a tiny 4%.Also Read: H ...