These Analysts Boost Their Forecasts On GitLab After Strong Q1 Results
Portfolio Pulse from Lisa Levin
GitLab Inc. (NASDAQ:GTLB) reported better-than-expected Q1 earnings with an adjusted loss of 6 cents per share and sales of $126.90 million. Following the announcement, several analysts raised their price targets on the stock.
June 06, 2023 | 1:18 pm
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GitLab's better-than-expected Q1 earnings led to multiple analysts raising their price targets on the stock.
GitLab reported better-than-expected Q1 earnings, with an adjusted loss of 6 cents per share and sales of $126.90 million. This positive news led to several analysts raising their price targets on the stock, which is likely to have a positive short-term impact on GitLab's stock price.
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