Barclays Reiterates Overweight Rating on GoDaddy Inc (GDDY)

October 25, 2024 5:18 AM UTC
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Price: $93.95 +0.88%

Rating Summary:
    18 Buy, 11 Hold, 1 Sell

Rating Trend: Up Up

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Barclays analyst Trevor Young reiterated an Overweight rating and $185.00 price target on GoDaddy Inc (NYSE: GDDY).

The analyst comments "China headwinds abating, so US might be getting a tad worse. DNB guide lowered a bit for YE24, while the expected inflection in 2H25 may prove a bit more challenging. Aftermarket pricing and potential owned-inventory mark-up might face some scrutiny from investors, NTIA. Overall slight negative read for GDDY."

For an analyst ratings summary and ratings history on GoDaddy Inc click here. For more ratings news on GoDaddy Inc click here.

Shares of GoDaddy Inc closed at $161.45 yesterday.



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