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A statement released earlier today by Piper Jaffray about GoDaddy (NYSE:GDDY) bumps the target price to $60.00

Piper Jaffray raised the target price of GoDaddy (NYSE:GDDY) to $60.00 indicating a possible upside of 0.28%.

Previously on 11/07/2017, RBC Capital Markets reported about GoDaddy (NYSE:GDDY) raised the target price from $47.00 to $53.00. At the time, this indicated a possible upside of 0.09%.

Yesterday GoDaddy (NYSE:GDDY) traded 1.40% higher at $46.70. The company’s 50-day moving average is $43.85 and its 200-day moving average is $43.85. The last stock close price is up 0.83% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 816,923 shares of the stock were exchanged, down from an average trading volume of 1,694,420

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GoDaddy has a 52 week low of $31.63 and a 52 week high of $45.37 with a PE ratio of 348.19 GDDY’s total market value is presently $0.

A total of 13 analysts have released a research note on GoDaddy. Three analysts rating the company a strong buy, eight analysts rating the company a buy, two analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $35.96.

More 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. It 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. The Company's products, including GoCentral enable to build a Website or online store for both desktop and mobile. Its products are powered by a cloud platform and enable its customers to get found online.

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