GoDaddy Reports Continued Growth In First Quarter 2016

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GoDaddy (GDDY) PT Increased to $37 - RBC

May 5, 2016 6:56 AM EDT

RBC Capital analyst, Mark Mahaney, reiterated his Outperform rating and tweaked up PT to $37 (from $36) after GoDaddy (NYSE: GDDY) had another solid quarter, beating estimates and raising guidance (slightly).

Keys to the quarter were:

1) Top-Line Growth Steady As She Goes... More