Stock Track | GoDaddy Soars 7.72% Intraday on Positive Analyst Ratings from Barclays and Citigroup

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GoDaddy's stock experienced a significant surge of 7.72% during intraday trading on Thursday, reflecting strong investor optimism.

The sharp rise appears to be driven by positive analyst sentiment, as both Barclays and Citigroup maintained their favorable ratings on the company. Barclays reaffirmed its Overweight rating, while Citigroup maintained its Buy recommendation, signaling continued confidence in GoDaddy's prospects despite earlier target price adjustments.

These maintained ratings from major financial institutions likely provided reassurance to investors, contributing to the substantial buying pressure observed during the trading session.

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