Evercore ISI Group Maintains In-Line on GoDaddy, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney maintains an In-Line rating on GoDaddy (GDDY) and raises the price target from $110 to $135.

May 03, 2024 | 4:15 pm
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Evercore ISI Group raises GoDaddy's price target from $110 to $135 while maintaining an In-Line rating.
The increase in price target by a reputable analyst firm like Evercore ISI Group suggests a positive outlook on GoDaddy's financial performance and growth prospects. This adjustment reflects an expectation of stronger future performance or market conditions that could favor GoDaddy, likely leading to increased investor confidence and potentially a rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100