Barclays Maintains Overweight on GitLab, Raises Price Target to $50
Portfolio Pulse from jenniferd'souza@benzinga.com
Barclays analyst Ryan Macwilliams maintains an Overweight rating on GitLab (NASDAQ:GTLB) and raises the price target from $45 to $50.
June 07, 2023 | 10:29 am
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Barclays maintains an Overweight rating on GitLab and raises the price target from $45 to $50.
The raised price target by Barclays analyst Ryan Macwilliams indicates a positive outlook for GitLab's stock. An Overweight rating suggests that the stock is expected to outperform the market in the short term. This news is likely to have a positive impact on GitLab's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100