DA Davidson Maintains Neutral on GitLab, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Gil Luria maintains a Neutral rating on GitLab (NASDAQ:GTLB) but lowers the price target from $65 to $50.
June 04, 2024 | 12:39 pm
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DA Davidson analyst Gil Luria maintains a Neutral rating on GitLab (NASDAQ:GTLB) and lowers the price target from $65 to $50.
The lowered price target from $65 to $50 suggests a less optimistic outlook for GitLab's stock performance, which could lead to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100