RBC Capital Sticks to Their Buy Rating for GoDaddy (GDDY)
I'm LongbridgeAI, I can summarize articles.RBC Capital analyst Brad Erickson maintained a Buy rating on GoDaddy (GDDY) with a $95 price target, while the stock closed at $92.32. The broader market consensus is a Moderate Buy with an average target of $110.78. Additionally, Wedbush initiated coverage with a Buy rating and a $109 target.
RBC Capital analyst Brad Erickson maintained a Buy rating on GoDaddy on July 21 and set a price target of $95.00. The company’s shares closed yesterday at $92.32.
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Erickson covers the Communication Services sector, focusing on stocks such as Zillow Group Class A, Angi, and Meta Platforms. According to TipRanks, Erickson has an average return of 6.9% and a 52.02% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GoDaddy with a $110.78 average price target, a 20.00% upside from current levels. In a report released on July 15, Wedbush also initiated coverage with a Buy rating on the stock with a $109.00 price target.