S&P Futures
5,869.75 -26.50 (-0.45%) Dow Futures
42,995.00 -182.00 (-0.42%) Nasdaq Futures
20,415.25 -104.25 (-0.51%) Russell 2000 Futures
2,240.90 -14.60 (-0.65%) Crude Oil
71.22 +0.66 (+0.94%) Gold
2,749.20 +10.30 (+0.38%)
GTLB Oct 2024 51.000 call
| Previous Close | 3.9200 |
| Open | 3.9200 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 51.00 |
| Expire Date | 2024-10-25 |
| Day's Range | 3.9200 - 3.9200 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 29 |
BenzingaGitLab Sees Surge in 'Ultimate' Adoption and Enterprise Demand, Analyst Upgrades Stock
GitLab Inc (NASDAQ:GTLB) stock gained after Needham analyst Mike Cikos upgraded the stock from Hold to Buy with a $70 price target. Cikos noted that GitLab has expanded its product offerings, with Ultimate gaining traction due to innovations like Duo Pro Enterprise and Dedicated. The analyst expects increased adoption of Ultimate compared to Premium, driven by stronger Enterprise sales and GitLab’s compliance and security features, which large organizations value. Also Read: GitLab Stock Climbs
StockStoryWhy Are GitLab (GTLB) Shares Soaring Today
Shares of software development tools maker GitLab (NASDAQ:GTLB) jumped 6.2% in the morning session after Morgan Stanley analyst initiated coverage on the stock with an Overweight (Buy) rating and a $70 price target. The price target implied more than a 30% upside from where shares traded when the coverage was initiated.
