Benchmark raised the firm’s price target on GoDaddy (GDDY) to $230 from $200 and keeps a Buy rating on the shares ahead of the company’s Q4 earnings report due tonight. The firm continues to view FY26 NEBITDA margin guidance of about 33% as “grossly conservative,” the analyst tells investors in a preview.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GDDY:
- GoDaddy’s Strategic Shift to Applications & Commerce Drives Buy Rating and Raised Price Target to $230
- GoDaddy Inc. (GDDY) Q4 Earnings Cheat Sheet
- Comcast downgraded, Zillow upgraded: Wall Street’s top analyst calls
- GoDaddy initiated with an Equal Weight at Wells Fargo
- Super Bowl Ad Pricing Hits $8M as Top Advertisers Compete for Views