Barclays Maintains Overweight on GoDaddy, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young has maintained an Overweight rating on GoDaddy (NYSE:GDDY) and increased the price target from $130 to $150.
May 03, 2024 | 2:25 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on GoDaddy and raised the price target from $130 to $150.
The upgrade in the price target by Barclays reflects a positive outlook on GoDaddy's future performance. This endorsement from a reputable analyst is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100