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Fly News Breaks for March 29, 2018
GDDY
Mar 29, 2018 | 05:04 EDT
Piper Jaffray analyst Sam Kemp, following yesterday's analyst day, says GoDaddy presents a "highly attractive" risk/reward profile at current share levels. The company's product strategy is shifting from a la carte engagement towards fully packaged offerings customized around the customer's needs, which is supporting multi-year double digit revenue growth, Kemp tells investors in a research note. He keeps an Overweight rating on GoDaddy shares with a $70 price target.