UBS Maintains Neutral on GoDaddy, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Chris Kuntarich maintains a Neutral rating on GoDaddy (GDDY) and raises the price target from $118 to $130.
May 03, 2024 | 10:10 pm
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UBS analyst Chris Kuntarich maintains a Neutral rating on GoDaddy and raises the price target from $118 to $130.
The increase in price target by UBS suggests a positive outlook on GoDaddy's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stock performance improvement, likely leading to a positive investor sentiment and potentially a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100