GitLab Inc (GTLB) Tops Q4 EPS by 9c; Guides Higher

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Go back to GitLab Inc (GTLB) Tops Q4 EPS by 9c; Guides Higher

GitLab Inc (GTLB) PT Lowered to $85 at Cowen

March 15, 2022 6:34 AM EDT

Cowen analyst J. Derrick Wood lowered the price target on GitLab Inc (NASDAQ: GTLB) to $85.00 (from $90.00) while maintaining an Outperform rating.

The analyst commented, "GTLB reported a strong 4Q as revs grew 69%, above Street at 52% & accelerating from 58% last qtr. ST billings grew... More