GitLab (GTLB) Stock: Why It Increased Over 6% Today

By Amit Chowdhry ● Jun 27, 2022
  • The stock price of GitLab Inc (NASDAQ: GTLB) increased by over 6% during intraday trading today. This is why.

The stock price of GitLab Inc (NASDAQ: GTLB) increased by over 6% during intraday trading today. Investors are responding positively to a bullish research report.

Goldman Sachs analyst Kash Rangan upgraded GitLab from a “Neutral” rating to a “Buy” rating. And Rangan increased the price target from $69 to $80.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.