Cantor Fitzgerald Lowers GoDaddy Target After Bookings Slow; Guidance Below Street Weighs on Stock
Cantor Fitzgerald cut its price target on GoDaddy Inc. to $90 from $130 and kept a Neutral rating after the company reported a mixed fourth quarter. GoDaddy beat on adjusted EPS and revenue but showed slower bookings growth and issued revenue guidance for Q1 and fiscal 2026 that came in below prior street expectations. Management highlighted progre…