GoDaddy price target raised to $127 from $88 at Seaport Research

Seaport Research raised the firm’s price target on GoDaddy to $127 from $88 and keeps a Buy rating on the shares post the Q4 report. The analyst says GoDaddy saw continued momentum in Applications & Commerce and 16% bookings growth driven by strong attach of productivity solutions and strength in Create & Grow products. The firm remains positive on the company’s fundamentals.