Benchmark Maintains Buy on GoDaddy, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Mark Zgutowicz has reaffirmed a Buy rating on GoDaddy (NYSE:GDDY) and increased the price target from $96 to $125.
November 29, 2023 | 3:16 pm
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Benchmark analyst Mark Zgutowicz maintains a Buy rating on GoDaddy and raises the price target to $125, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100