TD Cowen Maintains Buy on GitLab, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst J. Derrick Wood maintains a Buy rating on GitLab (NASDAQ:GTLB) and raises the price target from $58 to $63.
September 04, 2024 | 3:05 pm
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TD Cowen analyst J. Derrick Wood has reaffirmed a Buy rating for GitLab and increased the price target from $58 to $63, indicating confidence in the company's future performance.
The increase in price target from $58 to $63 by TD Cowen suggests a positive outlook on GitLab's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100