Raymond James Upgrades GitLab to Outperform, Announces $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Adam Tindle upgraded GitLab (NASDAQ:GTLB) from Market Perform to Outperform and set a new price target of $70.

April 12, 2024 | 9:42 am
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GitLab upgraded by Raymond James to Outperform with a $70 price target.
The upgrade from Market Perform to Outperform by a reputable analyst like Adam Tindle, coupled with a significant price target of $70, suggests a strong bullish outlook for GitLab. This is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100