BTIG Reiterates Rating on GitLab Inc. $GTLB
Key Points
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BTIG reiterated its rating on GitLab Inc. ($GTLB) to a "buy" rating in a recent research note and set a price target of $36, a 27.16% upside from the current price.
GitLab Inc. Stock Down 36.9%
Shares of GitLab Inc. ($GTLB) traded around $28.31 on Saturday, down 36.9% for the day.
GitLab Inc. Earnings
Analysts Set New Price Targets
About GitLab Inc.
GitLab Inc., together with its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. The company provides GitLab, an intelligent orchestration platform for DevSecOps, which is a single application offering the entire software development lifecycle, including software, project plans, code, security scans, compliance checks, and deployment configurations. It also offers the GitLab Duo Agent Platform, which enables intelligent orchestration of teams and AI agents to execute tasks autonomously across planning, development, security, and deployment. This platform combines conversational AI assistance, purpose-built agents for specialized tasks, workflow automation, and enterprise controls. In addition, it offers related training and professional services. The company was formerly known as GitLab B.V. and changed its name to GitLab Inc. in July 2015. GitLab Inc. was founded in 2011 and is based in San Francisco, California.
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