Needham Maintains Buy on Global E Online, Raises Price Target to $48
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Scott Berg maintains a Buy rating on Global E Online (NASDAQ:GLBE) and raises the price target from $44 to $48.
August 09, 2023 | 8:09 am
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POSITIVE IMPACT
Needham analyst maintains a Buy rating on Global E Online and raises the price target from $44 to $48.
The raised price target by Needham analyst indicates a positive outlook for Global E Online. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100