GoDaddy price target lowered to $214 from $234 at Citi

Citi lowered the firm’s price target on GoDaddy (GDDY) to $214 from $234 and keeps a Buy rating on the shares. The company’s customer count and bookings growth, the two most important metrics for investors, were inline to slightly below expectations in Q2, the analyst tells investors in a research note. Citi sees an attractive valuation for GoDaddy at current share levels.