HomeBusinessConsumer ServicesGoDaddy (GDDY) Stock Price Rises After Upgrade
GoDaddy (GDDY) Stock Price Rises After Upgrade

Shares of the website hosting company GoDaddy (GDDY) gained nearly four percent Monday, April 25, 2022 after an analyst at Piper Sandler upgraded the stock to overweight from neutral with a price target of $110, up from $94. George Tsilis breaks down the analyst report, which noted GoDaddy as a "best defensive idea" among digital presence platforms with strong free cash flow potential. Tsilis also discusses placing an example options trade in GDDY.

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25 Apr 2022

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