B of A Securities Maintains Buy on GitLab, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Koji Ikeda has maintained a Buy rating on GitLab (NASDAQ:GTLB) and raised the price target from $66 to $68.
September 04, 2024 | 11:59 am
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B of A Securities has reaffirmed its Buy rating on GitLab and increased the price target from $66 to $68, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and an increase in the price target by a reputable analyst suggests a positive outlook for GitLab's stock. This is likely to boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100