Wall Street Analysts See a 33.95% Upside in Gitlab (GTLB): Can the Stock Really Move This High?

GitLab Inc. (GTLB) closed the last trading session at $49.45, gaining 1.9% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of$ 66.24 indicates a 34% upside potential. The mean estimate comprises 21 short-term price targets with a standard deviation of $10.04. While the lowest estimate of$ 50 indicates a 1.1% increase from the current price level, the most optimistic analyst expects th ...