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Jefferies Sticks to Their Hold Rating for GoDaddy (GDDY)

Tipranks - Tue Feb 24, 4:36AM CST

In a report released today, from Jefferies maintained a Hold rating on GoDaddy, with a price target of $100.00.

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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GoDaddy with a $166.67 average price target.

Based on GoDaddy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.27 billion and a net profit of $210.5 million. In comparison, last year the company earned a revenue of $1.15 billion and had a net profit of $190.5 million

Based on the recent corporate insider activity of 73 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GDDY in relation to earlier this year. Last month, Jared F. Sine, the Chief Strategy & Legal Officer of GDDY sold 683.00 shares for a total of $80,095.41.

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