JPMorgan lowered the firm’s price target on GoDaddy (GDDY) to $200 from $222 and keeps an Overweight rating on the shares post the earnings report. The firm is incorporating GoDaddy’s agentic artificial intelligence investments, saying the company aims to position itself as a leading website builder for self-creators.
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Read More on GDDY:
- Correction: GoDaddy price target lowered to $200 from $222 at JPMorgan
- GoDaddy price target lowered to $145 from $180 at Evercore ISI
- GoDaddy’s Strong Q3 Performance and Strategic Initiatives Drive Buy Rating
- GoDaddy price target lowered to $173 from $186 at Seaport Research
- GoDaddy price target lowered to $159 from $197 at Morgan Stanley