Baird raised the firm’s price target on GitLab (GTLB) to $75 from $62 and keeps an Outperform rating on the shares. The firm said its DevSecOps platform continues to gain traction, driven by Advanced-SAST. Baird continues to like the company as DevSecOps/AI leader, with Ultimate/Duo/Dedicated traction, public-sector momentum, and strategic partnerships heading into CY25.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GTLB: