SNAP - Jim Cramer: 'Nothing Terrific' About GitLab But Rocket? Time To 'Ka-Ching Ka-Ching' | Benzinga
On CNBC’s "Mad Money Lightning Round," Jim Cramer said he didn’t like the last quarter of GitLab Inc. (NASDAQ: GTLB). "I went over it with a fine tooth comb. There was nothing there that made me feel terrific about a high multiple stock," he added.
On April 1, Truist Securities analyst Joel Fishbein reiterated GitLab with a Buy and maintained an $80 price target.
In early March, the San Francisco-based software company announced that it beat fourth-quarter estimates, but analysts had mixed reactions regarding the 2025 outlook.
Snap Inc. (NYSE: SNAP) did not have a good quarter, Cramer said.
On Feb. 6, Snap said its fourth-quarter revenue ...