Canaccord Genuity Maintains Buy on GitLab, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kingsley Crane maintains a Buy rating on GitLab (NASDAQ:GTLB) but lowers the price target from $74 to $65.
June 05, 2024 | 2:46 pm
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Canaccord Genuity maintains a Buy rating on GitLab but lowers the price target from $74 to $65, indicating a positive outlook with some caution.
The maintained Buy rating suggests continued confidence in GitLab's performance, but the lowered price target indicates some caution about its short-term growth potential.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100