12 Analysts Have This to Say About GitLab
Portfolio Pulse from Benzinga Insights
GitLab (NASDAQ:GTLB) has received 12 analyst ratings in the last quarter, with 5 bullish, 6 somewhat bullish, and 1 indifferent. There were no bearish ratings. The average price target is $60.75, representing an upside from the current price of $45.36. This target has increased by 6.39% from the previous target of $57.10. Analysts typically review stocks quarterly or after major company updates, considering financial performance and company risks.
November 13, 2023 | 9:00 pm
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POSITIVE IMPACT
GitLab has received predominantly positive ratings from analysts, with an average price target of $60.75, which is significantly higher than the current price of $45.36.
The overwhelmingly positive analyst ratings and the increased price target suggest that the market's perception of GitLab is favorable, which could lead to a short-term increase in the stock price as investors react to the analysts' consensus.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100