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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POSITIVE IMPACT
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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100