tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GitLab price target raised to $88 from $74 at BofA

BofA analyst Koji Ikeda raised the firm’s price target on GitLab to $88 from $74 and keeps a Buy rating on the shares ahead of the company’s report due on Monday March 4. The firm believes GitLab will report “strong” Q4 revenue and pro-forma operating income above consensus forecasts of $158M and $5.7M, respectively, the analyst tells investors in a preview.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on GTLB:

Disclaimer & DisclosureReport an Issue

1