GitLab Crashes On Guidance; Analysts Defend
GitLab crashed on slowing growth and weak guidance.Analysts are lowering targets but view this stock as a Buy.Upside could be worth 50% even at the low end of the expected range.5 stocks we like better than GitLabGitLab (NASDAQ:GTLB) fell more than 30% at the open due to weaker-than-expected guidance, but the analysts have come out to defend the stock. While the guidance was weak, it was only moderately weak, and at least one analyst thinks the outlook is cautious. Q4 2022 hedge fund letters, conferences and more Evidence within the Q4 results shows momentum is building due to the company’s ut...