Oppenheimer Initiates Coverage On GoDaddy with Perform Rating
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ken Wong has initiated coverage on GoDaddy (NYSE:GDDY) with a Perform rating.

October 17, 2023 | 8:49 am
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NEUTRAL IMPACT
GoDaddy has been initiated with a Perform rating by Oppenheimer analyst Ken Wong.
The Perform rating from Oppenheimer indicates that the analyst expects the stock to perform in line with the market. This is neither a strong buy nor a sell signal, hence the neutral score. However, the initiation of coverage itself may draw attention to the stock, potentially impacting its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100