BTIG Maintains Buy on GitLab, Lowers Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gray Powell maintains a Buy rating on GitLab (NASDAQ:GTLB) but lowers the price target from $71 to $58.

June 04, 2024 | 5:44 pm
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BTIG analyst Gray Powell maintains a Buy rating on GitLab but lowers the price target from $71 to $58.
The Buy rating suggests continued confidence in GitLab's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100