GitLab (GTLB) Target Cut to $29 at Morgan Stanley

GitLab Inc. (NASDAQ:GTLB) is among the 10 Best New AI Stocks to Buy. On March 10, Morgan Stanley analyst Sanjit Singh lowered the firm’s price target on GitLab Inc. (NASDAQ:GTLB) to $29 from $38 while maintaining an Equal Weight rating following fourth-quarter results. The revision reflects a more cautious outlook, incorporating increased investment levels and moderated near-term expectations, though the company continues to demonstrate strength in enterprise adoption. As of March 4, multiple firms upda ...