Scotiabank Maintains Sector Outperform on GitLab, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nick Altmann maintains a Sector Outperform rating on GitLab (NASDAQ:GTLB) and raises the price target from $36 to $50.
June 06, 2023 | 1:43 pm
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Scotiabank analyst Nick Altmann maintains a Sector Outperform rating on GitLab and raises the price target from $36 to $50.
Scotiabank's raised price target for GitLab indicates a positive outlook for the stock. The Sector Outperform rating suggests that the analyst believes GitLab will outperform its peers in the short term. This news is likely to have a positive impact on GitLab's stock price.
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