Guggenheim Asserts GitLab’s Inc. (GTLB) ‘Buy’ Rating, Downplays AI Risks

Gitlab Inc. (NASDAQ:GTLB) is one of the best tech stocks to buy, according to Cathie Wood. On September 11, Guggenheim initiated coverage of the stock with a “Buy” rating and a $70 price target. The positive stance comes amid expectations that artificial intelligence will enhance demand for the company’s software platform, rather than undermining it. Guggenheim Asserts GitLab’s Inc. (GTLB) ‘Buy’ Rating, Downplays AI Risks According to Guggenheim, there is a significant increase in the headcount of develo ...