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HubSpot PT cut at MS after 'strong' Q4, citing increase in cost of capital

Mar. 04, 2022 9:16 AM ETHubSpot, Inc. (HUBS)By: Chris Ciaccia, SA News Editor4 Comments

Hubspot Dublin office

Derick Hudson/iStock Editorial via Getty Images

HubSpot (NYSE:HUBS) dipped Friday after Morgan Stanley cut the price target on the software-as-a-service company, noting the fourth-quarter was strong, but the company's cost of capital is going up.

Analyst Stan Zlotsky lowered

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