B. Riley Securities Maintains Buy on GoDaddy, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Naved Khan has reaffirmed a Buy rating on GoDaddy (NYSE:GDDY) and increased the price target from $107 to $115, indicating a positive outlook on the company's stock.
November 30, 2023 | 3:55 pm
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B. Riley Securities analyst Naved Khan maintains a Buy rating on GoDaddy and raises the price target from $107 to $115, suggesting confidence in the company's future performance.
The increase in price target by B. Riley Securities reflects a positive assessment of GoDaddy's stock, likely due to strong fundamentals or expected performance. This can lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100