These Analysts Revise Price Targets On Globant Following Q1 Results
Portfolio Pulse from Lisa Levin
Globant S.A. (NYSE:GLOB) reported better-than-expected Q1 earnings of $1.28 per share and sales of $472.42 million. The company raised its FY23 adjusted EPS and revenue outlook. Analysts from Keybanc, Piper Sandler, and Needham revised their price targets on Globant following the earnings announcement.
May 19, 2023 | 11:31 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Globant reported better-than-expected Q1 earnings and raised its FY23 outlook. Analysts from Keybanc, Piper Sandler, and Needham revised their price targets on the stock.
Globant's better-than-expected Q1 earnings and raised FY23 outlook indicate strong financial performance. This positive news, along with revised price targets from analysts, is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100