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Fly News Breaks for March 29, 2018
GDDY
Mar 29, 2018 | 05:07 EDT
JPMorgan analyst Sterling Auty says GoDaddy's inaugural analyst day focused on educating investors on the strategies to increase its competitive positioning in the long-term. GoDaddy is a strong franchise with solid cash flow generation, but the shares remain fully valued at the current valuation multiple, Auty tells investors in a research note. He keeps a Neutral rating on the shares with a $60 price target.
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