GTLB - GitLab Analysts Review Beat And Raise Quarter: Seat Contraction 'Remains A Headwind' | Benzinga
Shares of GitLab Inc (NASDAQ: GTLB) climbed in early trading on Wednesday, after reporting its second-quarter results.
The results came amid an exciting earnings season. Here are some key analyst takeaways from Asana’s earnings release.
- Truist Securities analyst Joel Fishbein maintained a Buy rating, while raising the price target from $60 to $65.
- RBC Capital Markets analyst Matthew Hedberg reiterated an Outperform rating, while lifting the price target from $60 to $62.
- William Blair analyst Jason Ader reiterated an Outperform rating on the stock.
- Needham analyst Mike Cikos maintained a Hold rating on the stock.
Check out other analyst stock ratings.
Truist Securities: GitLab reported "impressive” quarterly results across the board, "driven by strong execution and an improving demand backdrop,” Fishbein said. "The company noted a ...