GoDaddy Reports Strong First Quarter 2015 Results

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GoDaddy (GDDY) Bullish Stance Reiterated at RBC Capital Amid 'Strong' Q1

May 13, 2015 6:22 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $30 price target on GoDaddy Inc (NYSE: GDDY) following strong Q1 results.

The keys to the quarter, according to Mahaney:

(1) Bookings Growth And Diversification Bookings grew nearly 14% Y/Y, with Domains... More