FMP
Jul 11, 2024 7:56 PM - Davit Kirakosyan(Last modified: Jul 12, 2024 1:55 AM)
Image credit: FMP
Citi analysts reaffirmed a Buy rating and a $767 price target on HubSpot (NYSE:HUBS) stock. The analysts commented on the recent 12% drop in HubSpot shares following a Bloomberg report indicating that Alphabet had backed out of a potential bid. While acknowledging that some decline was expected after the deal fell through, they believe the extent of the pullback is excessive, especially compared to the broader decline in front-office software stocks over the past three months.
The analysts emphasized that despite the setback, HubSpot's strong fundamental prospects remain intact. They highlighted anticipated product, pricing, and generative AI benefits likely to emerge in the second half of the year, which they believe will provide a long growth runway for the company.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...