Evercore ISI downgraded GoDaddy to In Line from Outperform with a price target of $110, up from $100. The analyst is making largely a valuation call following the Q4 print. The firm views the stock’s risk/reward profile as relatively balanced, especially given the run-up in the shares recently.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on GDDY:
- GODADDY REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2023 RESULTS
- GDDY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- GoDaddy Appoints Jared Sine as Chief Strategy Officer
- GoDaddy names Jared Sine as Chief Strategy & Legal Officer
- Starboard Value says GoDaddy undervalued, open to working with management
