Guggenheim Remains a Buy on Gitlab (GTLB)

Tip Ranks
2025.11.18 12:05
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Guggenheim's Howard Ma maintains a Buy rating on Gitlab with a $70 price target, while shares closed at $42.64. Ma, a 4-star analyst, has a 14.9% average return and a 59.70% success rate. RBC Capital also rates Gitlab as Buy, but Mizuho Securities holds a Hold rating.

In a report released yesterday, Howard Ma from Guggenheim maintained a Buy rating on Gitlab, with a price target of $70.00. The company’s shares closed yesterday at $42.64.

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According to TipRanks, Ma is a 4-star analyst with an average return of 14.9% and a 59.70% success rate. Ma covers the Technology sector, focusing on stocks such as Pure Storage, MongoDB, and Elastic.

In addition to Guggenheim, Gitlab also received a Buy from RBC Capital’s Matthew Hedberg in a report issued on November 11. However, yesterday, Mizuho Securities maintained a Hold rating on Gitlab (NASDAQ: GTLB).

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