
GitLab Stock: Analyst Revises Price Forecast After Impressive Earnings, Weighing Risks and Rewards
JP Morgan Downgrades GitLab Inc.: A Detailed Analysis In a recent research note, JP Morgan analyst Pinjalim Bora shared his updated perspective on GitLab Inc. (GTLB), reiterating the Neutral rating while reducing the price forecast from $65 to $62. Let’s delve deeper into the reasons behind this decision. Reasons for the Downgrade Bora’s note indicates…