After hosting a dinner with management, William Blair analyst Matthew Pfau continues to believe shares of GoDaddy are undervalued. The analyst came away more confident that GoDaddy's new CEO, Aman Bhutani, is not going to drastically change the company's financial goals, and that its free cash flow growth should continue to outpace revenue growth. Further, he remains bullish on the company's website opportunity and believes that what GoDaddy has accomplished since GoCentral's release in 2017 is "somewhat underappreciated." Pfau maintains an Outperform rating on GoDaddy and believes the stock can outperform the market over the next 12 months.