Bernstein Maintains Outperform on GitLab, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Peter Weed maintains an Outperform rating on GitLab (NASDAQ:GTLB) and raises the price target from $71 to $76.
March 05, 2024 | 10:58 am
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Bernstein analyst Peter Weed has maintained an Outperform rating on GitLab and increased the price target from $71 to $76.
The increase in price target by a reputable analyst like Peter Weed from Bernstein suggests a positive outlook on GitLab's future performance. This kind of analyst action typically leads to increased investor confidence and can drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100