Evercore ISI analyst Mark Mahaney added GoDaddy to the firm’s "Tactical Outperform" list in conjunction with its Q4 small-to-mid cap internet earnings preview, citing its view that the company is "one of the least risky names in terms of Street estimates revisions going into EPS season." The firm, which calls out GoDaddy’s high-visibility, subscription business model, its key Web presence value proposition, and "reasonable near-term Street estimates," has an Outperform rating and $103 price target on the shares.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on GDDY:
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
- GoDaddy upgraded to Outperform from In Line at Evercore ISI
- GoDaddy downgraded to Hold from Buy at Jefferies
- Audacy lists Radio.com domain name on GoDaddy auction, Radio Ink reports
- Truist Analysts Like these 3 ‘Strong Buy’ Internet and Digital Media stocks for 2023
