WSJ | "GoDaddy Is a Go for Wall Street Analysts" | GDDY 'Quiet Period' Ends

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http://blogs.wsj.com/moneybeat/2015/05/11/godaddy-is-a-go-for-wall-street-analysts/ excerpts:

12:22 pm ET May 11, 2015

GoDaddy Is a Go for Wall Street Analysts

By KRISTEN SCHOLER

[...]

GoDaddy debuted April 1 to much fanfare, with shares jumping 31% above their offer price of $20 apiece. Now, 40 days after the domain registrar went public, a moratorium on analysts from the banks involved in the sale has been lifted and stock initiations are starting to pile in.

Citigroup Inc.C -0.09%, for one, called the company “The Daddy of its Domain,” while J.P. Morgan Chase JPM -0.06% & Co. said it’s “the one-stop internet provider.” [...]

[...] And, when it comes to global reach, Citigroup calls the market “very large,” representing an opportunity of at least $13 billion.

Analysts at J.P. Morgan [...] warn, though, that competition from internet behemoth Google Inc. could pose risks as it entered the domain business through a beta program last year [...]


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http://finance.yahoo.com/q/ud?s=GDDY excerpts:

Upgrades & Downgrades History

Date Research Firm Action From To

11-May-15 Barclays Initiated Overweight
11-May-15 Deutsche Bank Initiated Buy
11-May-15 Oppenheimer Initiated Outperform
[...]
27-Apr-15 Craig Hallum Initiated Buy


-----------------------

[ See More:

The Full Article:
http://blogs.wsj.com/moneybeat/2015/05/11/godaddy-is-a-go-for-wall-street-analysts/

The Full 'Analyst Coverage' Table:
http://finance.yahoo.com/q/ud?s=GDDY ]
 
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