Needham Upgrades GitLab to Buy, Announces $70 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mike Cikos has upgraded GitLab (NASDAQ:GTLB) from Hold to Buy, setting a price target of $70.
October 21, 2024 | 9:34 am
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Needham analyst Mike Cikos has upgraded GitLab from Hold to Buy, with a new price target of $70, indicating a positive outlook for the stock.
The upgrade from Hold to Buy by a reputable analyst and the announcement of a $70 price target suggest increased investor confidence and potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100