JP Morgan Maintains Neutral on GitLab, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Pinjalim Bora maintains a Neutral rating on GitLab (NASDAQ:GTLB) and raises the price target from $33 to $39.
June 06, 2023 | 12:03 pm
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NEUTRAL IMPACT
JP Morgan analyst Pinjalim Bora maintains a Neutral rating on GitLab and raises the price target from $33 to $39.
The news directly mentions GitLab (GTLB) and JP Morgan's decision to maintain a Neutral rating while raising the price target. This indicates that the analyst sees potential for the stock price to increase, but not enough to change the overall rating. The impact on the stock price is likely to be neutral in the short term, as the rating remains unchanged.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100