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A statement released earlier today by Deutsche Bank about GoDaddy (NYSE:GDDY) raises the target price to $42.00

Yesterday GoDaddy (NYSE:GDDY) traded 0.82% higher at $35.22. The company’s 50-day moving average is $33.93 and its 200-day moving average is $31.91. The last stock close price is up 11.29% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 481,096 shares of the stock were exchanged, down from an average trading volume of 966,112

GoDaddy (NYSE:GDDY) had its target price raised to $42.00 by Deutsche Bank in a report released 10/18/2016. The new target price indicates a possible upside of 0.19% based on the company's last stock close price.

Previously on Thursday October 06, 2016, Vetr Inc. reported about GoDaddy (NYSE:GDDY) raised the target price from $0.00 to $39.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

GoDaddy (NYSE:GDDY)

GoDaddy has a 52 week low of $23.88 and a 52 week high of $36.30 The company’s market cap is currently $0.

In addition to Deutsche Bank reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $35.96 with 3 firms rating the stock a strong buy, 8 firms rating the stock a buy, 2 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About GoDaddy (NYSE:GDDY)

GoDaddy Inc. is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. The Company operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence. It provides applications that enable connecting to customers and managing businesses. The Company provides search, discovery and recommendation tools, as well as a selection of domain name for ventures. It provides productivity tools, such as domain-specific e-mail, online storage, invoicing, bookkeeping and payment solutions to run ventures, as well as marketing products. Its hosting products are shared Website hosting, Website hosting on virtual dedicated servers and dedicated servers, managed hosting, security and cloud services and cloud applications.

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