BTIG Maintains Buy on GitLab, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Gray Powell has maintained a Buy rating on GitLab (NASDAQ:GTLB) and raised the price target from $58 to $63, indicating confidence in the company's future performance.
September 04, 2024 | 2:42 pm
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BTIG analyst Gray Powell has maintained a Buy rating on GitLab and increased the price target from $58 to $63, suggesting a positive outlook for the company's stock.
The increase in the price target from $58 to $63 by BTIG indicates a positive sentiment towards GitLab's future performance. 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