Stock Track | GitLab Stock Plummets 5.07% Intraday After Morgan Stanley Slashes Price Target

Stock Track

03/10

GitLab, Inc. (GTLB) shares plummeted 5.07% during intraday trading on Tuesday, following a significant analyst action.

The sharp decline came after Morgan Stanley cut its price target on GitLab to $29 from $38, while maintaining an Equalweight rating on the stock. The substantial reduction in the target price likely contributed to negative investor sentiment and selling pressure.

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(GTLB) shares plummeted 5.07% during intraday trading on Tuesday, following a significant analyst action.</p><p>The sharp decline came after Morgan Stanley cut its price target on GitLab to $29 from $38, while maintaining an Equalweight rating on the stock. 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