Barclays Maintains Equal-Weight on GitLab, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan Macwilliams has maintained an Equal-Weight rating on GitLab (NASDAQ:GTLB) and increased the price target from $50 to $55.
December 05, 2023 | 10:45 am
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Barclays analyst Ryan Macwilliams maintains an Equal-Weight rating on GitLab and raises the price target from $50 to $55.
The increase in price target by Barclays reflects a positive outlook on GitLab's valuation, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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