RBC Capital Reiterates Outperform on GoDaddy, Maintains $124 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has reiterated an Outperform rating on GoDaddy (NYSE:GDDY) and maintained a $124 price target.
February 14, 2024 | 3:23 pm
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RBC Capital maintains an Outperform rating on GoDaddy with a $124 price target, indicating a positive outlook on the stock.
The reiteration of an Outperform rating and the maintenance of a $124 price target by a reputable analyst like Brad Erickson from RBC Capital suggests a strong confidence in GoDaddy's future performance. This endorsement is likely to instill positive sentiment among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100