DA Davidson Maintains Neutral on GitLab, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria has maintained a Neutral rating on GitLab (NASDAQ:GTLB) but has lowered the price target from $75 to $65.
March 05, 2024 | 3:07 pm
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NEGATIVE IMPACT
DA Davidson has maintained a Neutral rating on GitLab but lowered the price target from $75 to $65.
The reduction in price target by DA Davidson suggests a less optimistic outlook on GitLab's stock value in the short term, potentially leading to a negative impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100