B of A Securities Maintains Buy on GitLab, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Koji Ikeda maintains a Buy rating on GitLab (NASDAQ:GTLB) but lowers the price target from $85 to $80.

June 04, 2024 | 12:28 pm
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NEUTRAL IMPACT
B of A Securities analyst Koji Ikeda maintains a Buy rating on GitLab but lowers the price target from $85 to $80.
The Buy rating suggests continued confidence in GitLab's performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100