Tech Stocks Receive Boost from Analysts: HubSpot, Salesforce, and Lightpath Technologies

Analysts have been weighing in on several technology companies, including HubSpot (HUBS), Salesforce (CRM) and Lightpath Technologies (LPTH).

A report from Cantor Fitzgerald's Matthew VanVliet maintained a Hold rating on HubSpot with a price target of $200.00. The company's shares closed last Thursday at $229.58, leaving room for a 5.4% upside if the analysts' consensus is correct.

VanVliet has a mixed record, with an average return of -4.4% and a 42.3% success rate, according to TipRanks.com. However, HubSpot's analyst consensus is Moderate Buy, with a price target consensus of $247.21, suggesting that the company may continue to grow.

Meanwhile, Salesforce (CRM) has also received attention from analysts. Raymond James' Brian Peterson reiterated a Buy rating on the stock, citing its strong fundamentals and potential for future growth. The company's shares closed last Thursday at $242.85, leaving room for an 11.4% upside if the analysts' consensus is correct.

Finally, Lightpath Technologies (LPTH) has been upgraded to a Strong Buy rating by analysts, with a price target of $15.63, representing a 57.2% upside from current levels. Austin Moeller from Canaccord Genuity maintained a Buy rating on the stock, citing its potential for growth and strong industry trends.