Truist Securities Maintains Buy on GitLab, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Barry Jonas has reaffirmed a Buy rating on GitLab (NASDAQ:GTLB) and increased the price target from $70 to $75.
January 16, 2024 | 7:11 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Truist Securities analyst Barry Jonas maintains a Buy rating on GitLab and raises the price target from $70 to $75, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a bullish view on GitLab's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100