UPDATE: Berenberg Starts GoDaddy Inc (GDDY) at Buy
Get Alerts GDDY Hot Sheet
Rating Summary:
19 Buy, 9 Hold, 1 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 11
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Berenberg analyst Sunil Rajgopal initiates coverage on GoDaddy Inc (NYSE: GDDY) with a Buy rating and a price target of $99.00.
The analyst comments "GoDaddy is a SaaS-based web development platform that offers solutions designed to help small- and medium-sized businesses to create and grow their online presence. Founded in 1997, it is a global market leader in the domain name registration space with more than 82m domains under management (December 2020) and more than 22% of the ~371m (September 2020) domain names registered worldwide. We initiate coverage with a Buy rating and USD99 price target, implying ~42% upside."
For an analyst ratings summary and ratings history on GoDaddy Inc click here. For more ratings news on GoDaddy Inc click here.
Shares of GoDaddy Inc closed at $69.39 yesterday.
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