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. On Thursday, October 11 the stock rating was upgraded by Citigroup to “Buy”. The firm earned “Overweight” rating on Monday, August 6 by Morgan Stanley. 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 decreased 0.48% or $0.33 during the last trading session, reaching $68.3. About 1.60 million shares traded or 2.37% up from the average. GoDaddy Inc. (NYSE:GDDY) has risen 34.41% since February 2, 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 $11.85 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 92.17 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: Bizjournals.com which released: “GoDaddy stockholders plan to sell millions of shares – Phoenix Business Journal” on August 15, 2018, also Seekingalpha.com with their article: “GoDaddy +3.5% on Q1 rev beat, upside Q2 and FY guidance – Seeking Alpha” published on May 09, 2018, Stockhouse.com published: “GoDaddy Furthers Commitment to Open Internet with Sponsorship of AdoptOpenJDK – Stockhouse” on January 15, 2019. More interesting news about GoDaddy Inc. (NYSE:GDDY) were released by: Seekingalpha.com and their article: “GoDaddy Inc. 2018 Q2 – Results – Earnings Call Slides – Seeking Alpha” published on August 03, 2018 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.
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