Raymond James analyst Josh Beck resumed coverage of GoDaddy with a Strong Buy rating and $150 price target. The analyst believes GoDaddy could effectively outsource customer care expertise and deep data set to produce a more autonomous small business agent to help respond to customer requests and potentially develop a material agent software-as-a-service component. The firm sees the company GoDaddy leveraging its innovative Airo GenAI stack to effectively lower adoption hurdles from products beyond core domains such as logo creation.
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