GoDaddy price target raised to $200 from $186 at Benchmark

Benchmark raised the firm’s price target on GoDaddy (GDDY) to $200 from $186 and keeps a Buy rating on the shares. Q3 results and revised FY24 guidance “helped provide reassurance” that topline and bottom-line Investor Day targets are “meaningfully conservative,” the analyst tells investors in a post-earnings note.