The 8 bullish analyst ratings in the last quarter indicate a positive sentiment towards Globant's stock. The average price target of $198.88 implies an upside from the current price of $151.645, which could lead to a short-term increase in the stock price. The decrease in the average price target by 1.79% from the previous average of $202.50 may slightly dampen the bullish sentiment, but overall, the outlook remains positive.