TD Cowen Maintains Outperform on GitLab, Raises Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains an Outperform rating on GitLab (NASDAQ:GTLB) and raises the price target from $44 to $56.
June 06, 2023 | 11:20 am
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POSITIVE IMPACT
TD Cowen analyst maintains Outperform rating on GitLab (GTLB) and raises price target from $44 to $56.
The news of TD Cowen maintaining an Outperform rating and raising the price target for GitLab (GTLB) from $44 to $56 is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in its future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100