RBC Capital Maintains Outperform on GitLab, Raises Price Target to $60
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on GitLab (NASDAQ:GTLB) and raises the price target from $56 to $60.
June 23, 2023 | 1:54 pm
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RBC Capital maintains an Outperform rating on GitLab (NASDAQ:GTLB) and raises the price target from $56 to $60.
The raised price target by RBC Capital indicates a positive outlook for GitLab's stock. This news is likely to have a positive impact on the stock price in the short term as investors may see it as a sign of confidence in the company's performance.
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IMPORTANCE 80
RELEVANCE 100