Scotiabank Maintains Sector Outperform on GitLab, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nick Altmann has maintained a Sector Outperform rating on GitLab and raised the price target from $59 to $65.
September 04, 2024 | 12:57 pm
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POSITIVE IMPACT
Scotiabank has reaffirmed its positive outlook on GitLab by maintaining a Sector Outperform rating and increasing the price target from $59 to $65, indicating confidence in the company's future performance.
The increase in price target from $59 to $65 by Scotiabank suggests a positive outlook on GitLab's future performance. The maintained Sector Outperform rating indicates continued confidence in the stock, likely leading to a positive short-term impact on its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100