Mizuho Upgrades GitLab to Buy, Announces $73 Price Target
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has upgraded GitLab (NASDAQ:GTLB) from Neutral to Buy and set a price target of $73.

January 08, 2024 | 11:53 am
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Mizuho analyst Gregg Moskowitz upgraded GitLab from Neutral to Buy and set a price target of $73, indicating a positive outlook for the stock.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved fundamentals or better future prospects for the company. The new price target of $73 by Mizuho represents a significant potential upside from the current trading price, which may attract investors and drive up the stock price in the short term.
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