Analysts Predict Big Gains in Salesforce and HubSpot
Analysts are positive on top tech stocks Salesforce and HubSpot, according to recent reports from industry experts.
Brian White of Monness maintained a Buy rating on Salesforce (CRM) with a price target of $266.00, citing the company's strong growth prospects. His analysis has been accurate 69.3% of the time, with an average return of 18.2%. The current analyst consensus for CRM is Moderate Buy, with an average price target of $272.62, representing a 12.3% upside from current levels.
HubSpot (HUBS) also received a positive review from David Hynes of Canaccord Genuity, who maintained a Buy rating and set a price target of $300.00. The company's shares closed last Friday at $228.53. The analyst consensus for HubSpot is currently Moderate Buy with an average price target of $248.88, representing an 8.4% upside from current levels.