Were Analysts Bearish GoDaddy Inc. (NYSE:GDDY) This Week?

June 18, 2018 - By Rene Maslow

GoDaddy Inc. (NYSE:GDDY) Logo

GoDaddy Inc. (NYSE:GDDY) Ratings Coverage

Among 13 analysts covering GoDaddy (NYSE:GDDY), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. GoDaddy had 20 analyst reports since January 24, 2018 according to SRatingsIntel. The company was maintained on Monday, April 2 by William Blair. The rating was maintained by Morgan Stanley on Friday, February 23 with “Overweight”. Barclays Capital maintained GoDaddy Inc. (NYSE:GDDY) rating on Tuesday, January 30. Barclays Capital has “Overweight” rating and $59 target. The stock of GoDaddy Inc. (NYSE:GDDY) earned “Neutral” rating by Citigroup on Monday, February 26. The company was maintained on Friday, February 23 by Piper Jaffray. The company was maintained on Thursday, March 29 by SunTrust. SunTrust maintained GoDaddy Inc. (NYSE:GDDY) rating on Thursday, February 22. SunTrust has “Buy” rating and $62.0 target. On Friday, February 23 the stock rating was maintained by Deutsche Bank with “Buy”. The stock has “Buy” rating by FBR Capital on Monday, April 2. Morgan Stanley maintained GoDaddy Inc. (NYSE:GDDY) on Wednesday, May 9 with “Overweight” rating. Below is a list of GoDaddy Inc. (NYSE:GDDY) latest ratings and price target changes.

16/05/2018 Broker: JMP Securities Rating: Buy New Target: $84.0000 Maintain
09/05/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $64 New Target: $72 Maintain
09/05/2018 Broker: Piper Jaffray Rating: Buy New Target: $80.0000 Maintain
07/05/2018 Broker: Jefferies Rating: Buy New Target: $76.0000 Maintain
05/04/2018 Broker: Oppenheimer Rating: Buy New Target: $70.0000 Maintain
02/04/2018 Broker: FBR Capital Rating: Buy New Target: $83.0000 Maintain
02/04/2018 Broker: William Blair Rating: Buy Maintain
29/03/2018 Broker: SunTrust Rating: Buy New Target: $75.0000 Maintain
23/03/2018 Broker: Goldman Sachs Rating: Buy New Target: $81 Initiates Coverage On
23/03/2018 Broker: SunTrust Rating: Buy New Target: $71.0000 Maintain

The stock decreased 0.27% or $0.2 during the last trading session, reaching $73.35. About 3.07 million shares traded or 70.30% up from the average. GoDaddy Inc. (NYSE:GDDY) has risen 71.44% since June 18, 2017 and is uptrending. It has outperformed by 58.87% 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 $12.53 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 101.31 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.

GoDaddy Inc. (NYSE:GDDY) Ratings Chart

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