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GoDaddy (NYSE:GDDY) stock price target increased to $42.00, issued a report today by Cantor Fitzgerald

Reporting a potential upside of 0.18%, Cantor Fitzgerald upped the price target of GoDaddy (NYSE:GDDY) to $42.00

On Tuesday October 18, 2016, Deutsche Bank released a statement on GoDaddy (NYSE:GDDY) upped the target price from $39.00 to $42.00 that suggested an upside of 0.19%.

Having a price of $35.51, GoDaddy (NYSE:GDDY) traded 0.82% higher on the day. With the last close up 11.29% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. GDDY has recorded a 50-day moving average of $33.93 and a two hundred day average of $31.91. Volume of trade was down over the average, with 481,096 shares of GDDY changing hands under the typical 966,112

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With a total market value of $0, GoDaddy has with a one year low of $23.88 and a one year high of $36.30 .

A total of 13 equity analysts have released a research note on GDDY. 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 with a consensus target price of $35.96.

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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