Are Analysts Bullish GoDaddy Inc. (NYSE:GDDY) After Last Week?

GoDaddy Inc. (NYSE:GDDY) Ratings Coverage

Among 3 analysts covering GoDaddy (NYSE:GDDY), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. GoDaddy had 4 analyst reports since August 6, 2018 according to SRatingsIntel. The rating was upgraded by Citigroup to “Buy” on Thursday, October 11. The rating was maintained by Morgan Stanley with “Overweight” on Monday, August 6. 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

The stock increased 2.26% or $1.47 during the last trading session, reaching $66.41. About 570,756 shares traded. GoDaddy Inc. (NYSE:GDDY) has risen 34.41% since January 25, 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 $11.52 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 89.62 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: Seekingalpha.com which released: “Citi upgrades GoDaddy after correction – Seeking Alpha” on October 11, 2018, also Nasdaq.com with their article: “GoDaddy Stock: 8 Things to Know About GDDY Earnings – Nasdaq” published on November 06, 2018, Bizjournals.com published: “ASU business school alum donates $3M for faculty position – Phoenix Business Journal” on December 27, 2018. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: 247Wallst.com and their article: “Jefferies Out With Top Internet Stock Picks for 2019 – 24/7 Wall St.” published on January 10, 2019 as well as Benzinga.com‘s news article titled: “GoDaddy (NYSE:GDDY) Surges On Strong Guidance, 216K More Net Customers – Benzinga” with publication date: February 23, 2018.