GoDaddy price target raised to $178 from $163 at Seaport Research

Seaport Research raised the firm’s price target on GoDaddy (GDDY) to $178 from $163 and keeps a Buy rating on the shares. The company recently reported strong Q3 results, experiencing continued momentum in its Applications & Commerce driven by strength in its bundling and pricing initiatives, the analyst tells investors. The firm remains positive on the shares.