RBC Capital Maintains Outperform on GitLab, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an Outperform rating on GitLab (NASDAQ:GTLB) and increased the price target from $62 to $70.
December 06, 2023 | 3:51 pm
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RBC Capital analyst Matthew Hedberg maintains an Outperform rating on GitLab and raises the price target from $62 to $70, indicating a positive outlook on the stock.
The increase in price target by RBC Capital suggests a bullish outlook on GitLab, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100