Seaport Research raised the firm’s price target on GoDaddy to $127 from $88 and keeps a Buy rating on the shares post the Q4 report. The analyst says GoDaddy saw continued momentum in Applications & Commerce and 16% bookings growth driven by strong attach of productivity solutions and strength in Create & Grow products. The firm remains positive on the company’s fundamentals.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on GDDY: