What 6 Analyst Ratings Have To Say About GoDaddy
Portfolio Pulse from Benzinga Insights
GoDaddy (NYSE:GDDY) has received 6 analyst ratings in the last quarter, with 3 bullish, 1 somewhat bullish, and 2 indifferent. The average 12-month price target among these analysts is $96.17, with a high of $110.00 and a low of $80.00, representing a slight decrease from the previous target of $97.00. Analysts rate stocks based on future earnings potential and company risk profile, typically updating their ratings quarterly or after significant company events.
November 21, 2023 | 9:00 pm
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POSITIVE IMPACT
GoDaddy has a majority of bullish and somewhat bullish ratings from analysts, with an average price target of $96.17, indicating a potential upside from its current price.
The predominance of bullish and somewhat bullish ratings suggests a positive sentiment among analysts, which could influence investor perception and drive short-term price movement upwards. The slight decrease in the average price target may temper expectations but still indicates potential growth.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100