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GDDY

GoDaddy

$34.72

-0.04 (-0.12%)

05:06
10/06/16
10/06
05:06
10/06/16
05:06

GoDaddy surpasses 1M registered domains in UK

GoDaddy announced that it has registered its 1 millionth .UK domain in the United Kingdom. As more UK entrepreneurs and professionals decide to turn their ideas into reality, they are choosing GoDaddy to establish a successful online presence. In fact, an estimated 25% of Britain's most popular domains are now registered through GoDaddy.

GDDY GoDaddy
$34.72

-0.04 (-0.12%)

09/19/16
PIPR
09/19/16
NO CHANGE
Target $40
PIPR
Overweight
Piper ups GoDaddy target to $40 after meeting with management
Piper Jaffray analyst Samuel Kemp raised his price target for GoDaddy (GDDY) to $40 from $38 after traveling with management. Concerns over the impact from Wix.com (WIX) and other do-it-yourself competitors are misplaced and unlikely to have a significant impact on GoDaddy's growth outlook, Kemp tells investors in a research note. He views GoDaddy as the the best positioned player in SMB internet services and keeps an Overweight rating on the shares.
09/26/16
OPCO
09/26/16
NO CHANGE
OPCO
Outperform
Oppenheimer 'increasingly confident' on GoDaddy long-term strategy
Oppenheimer analyst Jason Helfstein is "increasingly confident" of GoDaddy's long-term strategy and value creation after meeting with the company's management. The analyst expects annual average revenue per customer, or ARPU, to be the main driver of top-line growth, driven by attachment opportunities and product expansions. Helfstein believes the shares appear attractive given the focus on free cash flow generation and under-leveraged capital structure. He reiterates an Outperform rating on the shares.
10/03/16
SMTR
10/03/16
INITIATION
Target $41
SMTR
Buy
GoDaddy initiated with a Buy at Summit Redstone
Summit Redstone analyst Jonathan Kees initiated GoDaddy with a Buy and a $41 price target.
10/03/16
10/03/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. 3D Systems (DDD) coverage transferred with a Market Perform at FBR Capital. 2. Carnival (CCL) initiated with a Buy at HSBC. 3. GoDaddy (GDDY) initiated with a Buy at Summit Redstone. 4. Versum Materials (VSM) initiated with a Buy at Seaport Global. 5. ExOne (XONE) coverage transferred with an Outperform at FBR Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

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