RBC Capital Maintains Outperform on GoDaddy, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has maintained its 'Outperform' rating on GoDaddy and raised the price target from $175 to $190, indicating confidence in the company's future performance.
November 01, 2024 | 5:04 pm
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RBC Capital has reaffirmed its 'Outperform' rating for GoDaddy and increased the price target from $175 to $190, suggesting a positive outlook for the company's stock.
The increase in the price target from $175 to $190 by RBC Capital, along with the maintained 'Outperform' rating, suggests that the analyst sees strong potential for GoDaddy's stock to appreciate. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100