No. of Recommendations: 9
Bank of America (Merrill Lynch) raised their price objective on HUBS this morning to $115. I notice that each time the share price gets close to their objective they raise the bar. They made it a top pick in the sector with increasing growth going forward. They state that they have made calls to a dozen digital marketing and sales partners and the feedback suggests continued momentum in the core marketing business and accelerating wins in the sales business.

They spoke with several specialized sales/CRM partners, noting strong/accelerating new customer momentum, driven by demand for a tool that is simple to deploy and fully integrated with a marketing system over competing small to medium sized business offerings.

I can’t put a link here to their analysis because it is through their site which has to be logged into but it is very bullish going forward. They don’t get all of their picks right but their track record is pretty good.

I was kind of waiting for another pull back in share price to add more but I will be adding more now to what looks like will be a winner for a few years.

Larry
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