TD Cowen raised the firm’s price target on GitLab (GTLB) to $82 from $70 and keeps a Buy rating on the shares. The firm said they posted their biggest beat in four quarters as traction with Duo was strong with several notable enterprise and government wins, demonstrating strengthening traction up-market.
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Read More on GTLB:
- GitLab price target raised to $77 from $70 at Morgan Stanley
- GitLab price target raised to $80 from $75 at Cantor Fitzgerald
- GitLab price target raised to $78 from $65 at Canaccord
- GitLab price target raised to $78 from $70 at Bernstein
- GitLab price target raised to $85 from $75 at Piper Sandler
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.