Analysts Weigh In on Salesforce, Lyft, and HubSpot
Analysts have offered their insights on three major technology companies: Salesforce (CRM), Lyft (LYFT) and HubSpot (HUBS). According to TipRanks, analysts have assigned neutral ratings to these stocks, indicating a lack of strong sentiment.
Salesforce has an analyst consensus of Moderate Buy, with a price target consensus of $273.11, representing an 11.8% upside from its current level of $242.85. Wells Fargo analyst Michael Turrin assigned a Hold rating to Salesforce and set a price target of $250.
Lyft also received a Hold rating from BTIG analyst Jake Fuller, with a price target consensus of $19.40, implying a 25.7% upside from its current level of $15.50. Scotiabank initiated coverage on the stock with a Hold rating and a $17.00 price target.
HubSpot has an analyst consensus of Moderate Buy, with an average price target of $247.21, which is a 5.4% upside from its current level of $229.58. Citi analyst Tyler Radke maintained a Hold rating on the stock with a $225.00 price target.