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.
March 07, 2024 | 2:17 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 a high price target by a reputable analyst like Brad Erickson from RBC Capital suggests a strong bullish sentiment towards GoDaddy. This could positively influence investor perception and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100