Barclays Maintains Overweight on GitLab, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams maintains an Overweight rating on GitLab (NASDAQ:GTLB) and raises the price target from $60 to $65.
September 06, 2023 | 5:52 pm
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POSITIVE IMPACT
Barclays maintains an Overweight rating on GitLab and raises the price target from $60 to $65, indicating a positive outlook for the stock.
The raised price target by Barclays indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100