9 Important AI News and Ratings on Investors’ Radar

7. HubSpot, Inc. (NYSE:HUBS)

Number of Hedge Fund Holders: 63

HubSpot, Inc. (NYSE:HUBS) provides a cloud-based CRM platform offering tools for marketing, sales, customer service, and operations automation. Its AI-driven features include data unification, process automation, and customer insights to improve business performance.

Bank of America increased its price target for HubSpot (NYSE:HUBS) to $850 from $780 and maintained a Buy rating. Following investor meetings with CEO Yamini Rangan, the firm remains optimistic about HubSpot’s growth prospects. The firm is more confident in the company’s potential for growth to accelerate in the mid-20s, supported by AI and a favorable macroeconomic environment heading into FY25.

HubSpot has been making significant AI moves in December. Earlier this month, the company agreed to acquire Frame AI to enhance its AI capabilities by turning unstructured data into actionable insights. The integration will improve marketing, sales, and customer service through advanced conversation intelligence.