GitLab Inc. (NASDAQ:GTLB) is among the Growth Stock Portfolio: 12 Stock Picks By Cathie Wood. Morgan Stanley Downgrades GitLab Inc. (GTLB) from Overweight to Equal WeightOn January 12, 2026, TheFly reported that Morgan Stanley had reduced GitLab Inc. (NASDAQ:GTLB)’s price objective from $55 to $42. On January 12, 2026, Barclays reduced its price objective from $42 to $34 and downgraded GitLab Inc. (NASDAQ:GTLB) from Equal Weight to Underweight. While we acknowledge the potential of GTLB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.