Barclays Maintains Overweight on GoDaddy, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young maintains an Overweight rating on GoDaddy and raises the price target from $165 to $185.
September 25, 2024 | 3:47 pm
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POSITIVE IMPACT
Barclays analyst Trevor Young has maintained an Overweight rating on GoDaddy and increased the price target from $165 to $185, indicating a positive outlook on the company's stock.
The increase in price target from $165 to $185 by Barclays suggests a positive outlook on GoDaddy's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100