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GoDaddy price target lowered to $185 from $195 at Benchmark

Benchmark analyst Mark Zgutowicz lowered the firm’s price target on GoDaddy (GDDY) to $185 from $195 and keeps a Buy rating on the shares. Earnings due Thursday, April 30, will focus on restoring confidence in the durability of second half bookings growth, while confirming Q1 is the trough in terms of bookings, the analyst tells investors in a preview.

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