Analyst Expectations for Global E Online's Future
Portfolio Pulse from Benzinga Insights
Analysts have provided bullish and somewhat bullish ratings for Global E Online (NASDAQ:GLBE) in the last quarter, with no bearish or indifferent ratings. The company has an average 12-month price target of $43.25, an increase of 20.14% from the previous average price target of $36.00.
July 06, 2023 | 9:00 pm
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POSITIVE IMPACT
Analysts have shown a bullish sentiment towards Global E Online, with an increased 12-month price target. This could potentially lead to a positive impact on the company's stock price.
Analysts' ratings are a significant factor that influences a company's stock price. In this case, the bullish sentiment and increased price target for Global E Online indicate a positive outlook for the company, which could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100