Why HubSpot Skyrocketed 14.2% In January

HubSpot (NYSE: HUBS) shares rallied 14.2% in January, according to S&P Global Market Intelligence. Shares significantly outperformed the SPDR S&P 500 Trust ETF, which fell slightly, and Technology Select Sector SPDR ETF, which was up 4% in January. The company didn't report any significant news in January, but Wall Street analysts did boost their price targets last month following better-than-expected Q3 2019 results in early November.

A software-as-a-service technology company, HubSpot markets a platform of tools that help small and midsize businesses improve their marketing, sales, and customer service.

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Source Fool.com