Are Analysts Bullish about GoDaddy Inc. (NYSE:GDDY) after last week? – Thorold News

GoDaddy Inc. (NYSE:GDDY) Ratings Coverage

Among 4 analysts covering GoDaddy (NYSE:GDDY), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. GoDaddy had 5 analyst reports since July 23, 2018 according to SRatingsIntel. As per Monday, July 23, the company rating was maintained by Barclays Capital. Morgan Stanley maintained the stock with “Overweight” rating in Monday, August 6 report. The stock of GoDaddy Inc. (NYSE:GDDY) earned “Buy” rating by Citigroup on Thursday, October 11. Below is a list of GoDaddy Inc. (NYSE:GDDY) latest ratings and price target changes.

28/11/2018 Broker: Morgan Stanley Rating: Buy New Target: $88.0000
11/10/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
14/09/2018 Broker: Wedbush Rating: Neutral New Target: $85 Initiates Coverage On
06/08/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $72 New Target: $81 Maintain
23/07/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $77 New Target: $84 Maintain

The stock increased 3.93% or $2.37 during the last trading session, reaching $62.6. About 1.77M shares traded or 3.12% up from the average. GoDaddy Inc. (NYSE:GDDY) has risen 34.41% since January 5, 2018 and is uptrending. It has outperformed by 34.41% the S&P500.

GoDaddy Inc. designs and develops cloud technology products for small businesses, Web design professionals, and individuals in the United States and internationally. The company has market cap of $10.86 billion. It provides domain name registration product that enables to engage clients at the initial stage of establishing a digital identity; hosting and presence products, such as shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, and security. It has a 84.48 P/E ratio. The firm also offers Website builder, an online tool that enables clients to build Websites; online store product that allows clients to create their own standalone Website with an integrated online store optimized for mobile shopping; and search engine visibility product that helps clients get their Websites found on search sites through search engine optimization.

More notable recent GoDaddy Inc. (NYSE:GDDY) news were published by: Benzinga.com which released: “GODADDY, INC. (NYSE:GDDY) – A Preview Of GoDaddy’s Q3 Earnings – Benzinga” on November 06, 2018, also Globenewswire.com with their article: “Report: Developing Opportunities within Avangrid, GoDaddy, NGL Energy Partners LP, Lazard, Briggs & Stratton, and Celgene — Future Expectations, Projections Moving into 2019 – GlobeNewswire” published on December 10, 2018, Seekingalpha.com published: “Citi upgrades GoDaddy after correction – Seeking Alpha” on October 11, 2018. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Seekingalpha.com and their article: “GoDaddy +3.5% on Q1 rev beat, upside Q2 and FY guidance – Seeking Alpha” published on May 09, 2018 as well as Bizjournals.com‘s news article titled: “ASU business school alum donates $3M for faculty position – Phoenix Business Journal” with publication date: December 27, 2018.