B of A Securities Maintains Buy on GitLab, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Koji Ikeda maintains a Buy rating on GitLab (NASDAQ:GTLB) and raises the price target from $50 to $55.
June 06, 2023 | 11:00 am
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POSITIVE IMPACT
B of A Securities analyst Koji Ikeda maintains a Buy rating on GitLab and raises the price target from $50 to $55.
The news of B of A Securities maintaining a Buy rating and raising the price target for GitLab (GTLB) is positive for the stock. This indicates that the analyst has confidence in the company's performance and growth potential, which could lead to an increase in demand for the stock and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100