Baird raised the firm’s price target on GitLab (GTLB) to $75 from $62 and keeps an Outperform rating on the shares. The firm said its DevSecOps platform continues to gain traction, driven by Advanced-SAST. Baird continues to like the company as DevSecOps/AI leader, with Ultimate/Duo/Dedicated traction, public-sector momentum, and strategic partnerships heading into CY25.
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Read More on GTLB:
- GitLab price target raised to $77 from $70 at Morgan Stanley
- GitLab price target raised to $80 from $75 at Cantor Fitzgerald
- GitLab price target raised to $78 from $65 at Canaccord
- GitLab price target raised to $78 from $70 at Bernstein
- GitLab price target raised to $85 from $75 at Piper Sandler
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
