Barclays Maintains Equal-Weight on GitLab, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ryan McKeveny maintains an Equal-Weight rating on GitLab (NASDAQ:GTLB) and raises the price target from $50 to $55.
September 05, 2024 | 3:11 pm
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Barclays analyst Ryan McKeveny maintains an Equal-Weight rating on GitLab and raises the price target from $50 to $55, indicating a positive outlook.
The increase in price target from $50 to $55 by Barclays suggests a positive outlook for GitLab's stock, which could lead to a short-term price increase. The Equal-Weight rating indicates a neutral stance, but the raised target price is a positive signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100