GoDaddy: A “lagging competitor” to Wix, Squarespace, Weebly, and others
RBC Capital Markets has initiated coverage on GoDaddy (NYSE: GDDY) with a rating of “Sector Perform” and set a price target of $80 dollars. The firm acknowledged the company’s strong and reliable foundation but mentioned that there are still potential opportunities that have yet to develop fully. Although GoDaddy’s valuation is appealing, analysts are seeking […]
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