GoDaddy price target raised to $235 from $185 at Barclays

Barclays raised the firm’s price target on GoDaddy (GDDY) to $235 from $185 and keeps an Overweight rating on the shares. The firm says investors seem to have expectations most closely aligned with where it thinks GoDaddy’s preliminary 2025 guide comes in. Consequently, GoDaddy has the most attractive setup near-term on a relative basis in web tools, the analyst tells investors in a research note.