Baird Initiates Coverage On GitLab with Outperform Rating, Announces Price Target of $59
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Shrenik Kothari has initiated coverage on GitLab (NASDAQ:GTLB) with an Outperform rating and set a price target of $59.
August 27, 2024 | 9:56 am
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Baird has initiated coverage on GitLab with an Outperform rating and a price target of $59, indicating a positive outlook on the stock.
The initiation of coverage with an Outperform rating and a specific price target of $59 by Baird suggests a positive sentiment towards GitLab's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100