The stock of Godaddy Inc (NYSE:GDDY) is a huge mover today! About 1.27M shares traded hands or 33.45% up from the average. Godaddy Inc (NYSE:GDDY) has risen 2.53% since April 4, 2016 and is uptrending. It has outperformed by 1.44% the S&P500.
The move comes after 5 months negative chart setup for the $5.14B company. It was reported on Nov, 4 by Barchart.com. We have $29.30 PT which if reached, will make NYSE:GDDY worth $462.60 million less.
Godaddy Inc (NYSE:GDDY) Ratings Coverage
Out of 14 analysts covering GoDaddy Inc (NYSE:GDDY), 10 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 71% are positive. GoDaddy Inc has been the topic of 27 analyst reports since August 6, 2015 according to StockzIntelligence Inc. As per Tuesday, October 18, the company rating was maintained by Deutsche Bank. Oppenheimer maintained Godaddy Inc (NYSE:GDDY) on Thursday, August 6 with “Outperform” rating. The firm earned “Buy” rating on Friday, December 18 by Monness Crespi & Hardt. The company was downgraded on Tuesday, June 7 by Citigroup. RBC Capital Markets maintained Godaddy Inc (NYSE:GDDY) on Thursday, November 5 with “Outperform” rating. The firm has “Neutral” rating given on Tuesday, November 1 by Monness Crespi & Hardt. The rating was initiated by UBS on Thursday, October 22 with “Buy”. On Thursday, August 4 the stock rating was maintained by Deutsche Bank with “Buy”. Oppenheimer maintained Godaddy Inc (NYSE:GDDY) on Thursday, November 5 with “Outperform” rating. The stock of Godaddy Inc (NYSE:GDDY) has “Buy” rating given on Wednesday, October 19 by Cantor Fitzgerald.
According to Zacks Investment Research, “GoDaddy, Inc. is engaged in the designing and development of cloud-based technology products for small businesses, Web design professionals and individuals. The Company’s products include domain, hosting and presence and business applications. GoDaddy, Inc. is headquartered in Scottsdale, Arizona.”
More important recent Godaddy Inc (NYSE:GDDY) news were published by: Prnewswire.com which released: “GoDaddy Inc. Announces Third Quarter 2016 Earnings Conference Call” on October 11, 2016, also Prnewswire.com published article titled: “GoDaddy Announces Email Encryption And Email Archiving Features For Office 365 …”, Streetinsider.com published: “Form 4 GoDaddy Inc. For: Nov 01 Filed by: Rechterman Barbara J” on November 03, 2016. More interesting news about Godaddy Inc (NYSE:GDDY) was released by: Nasdaq.com and their article: “GoDaddy is Now Oversold (GDDY)” with publication date: November 04, 2016.
GDDY Company Profile
GoDaddy Inc., incorporated on May 28, 2014, is a technology well-known provider to small businesses, Web design professionals and individuals. The Firm delivers cloud products and personalized customer care. The Firm operates a domain marketplace, where its clients can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help clients construct and protect online presence. It provides applications that enable connecting to clients and managing businesses. The Firm provides search, discovery and recommendation tools, as well as a selection of domain name for ventures. The Firm provides productivity tools, such as domain-specific e-mail, online storage, invoicing, bookkeeping and payment solutions to run ventures, as well as marketing products.
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