GitLab Inc (GTLB) PT Raised to $70 at DA Davidson
Tweet
Share
E-mail
Get Alerts GTLB Hot Sheet
Price: $25.83 -2.75%
Rating Summary:
12 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Rating Summary:
12 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
Join SI Premium – FREE
DA Davidson analyst Gil Luria raised the price target on GitLab Inc (NASDAQ: GTLB) to $70.00 (from $50.00) while maintaining a Neutral rating.
The analyst comments "GitLab reported a strong quarter in the face of a cautious spending environment for software with healthy results from enterprise customers and further Ultimate adoption. It was also announced that effective today Bill Staples is CEO with Sid transitioning to executive chair of the GitLab board of directors. GitLab's growth is reasonably priced into the stock, we maintain our NEUTRAL rating and raise our price target to $70."
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Qualcomm (QCOM) PT Raised to $195 at BofA Securities
- Freedom Capital Starts Flutter Entertainment (FLUT) at Hold
- Regenxbio Inc. (RGNX) PT Raised to $18 at Leerink
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
D.A. Davidson, Gil Luria, Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
