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GoDaddy price target lowered to $200 from $235 at Barclays

Barclays lowered the firm’s price target on GoDaddy (GDDY) to $200 from $235 and keeps an Overweight rating on the shares. The company’s Q2 results were mostly as expected, the analyst tells investors in a research note. The firm views GoDaddy as more defensive relative to peers amid artificial intelligence concerns.

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