JP Morgan Maintains Overweight on GoDaddy, Raises Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Alexei Gogolev maintains an Overweight rating on GoDaddy (NYSE:GDDY) and raises the price target from $128 to $136, indicating a positive outlook on the company's stock.
April 02, 2024 | 2:30 pm
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JP Morgan analyst Alexei Gogolev has maintained an Overweight rating on GoDaddy and increased the price target from $128 to $136.
The increase in price target by a reputable analyst like Alexei Gogolev from JP Morgan suggests a strong confidence in GoDaddy's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100