Piper Sandler Reiterates Overweight on Global E Online, Maintains $54 Price Target
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Brent Bracelin has reiterated an Overweight rating on Global E Online (NASDAQ:GLBE) and maintained a $54 price target.

August 09, 2023 | 8:18 am
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Piper Sandler has reiterated an Overweight rating on Global E Online and maintained a $54 price target, potentially indicating a positive outlook for the stock.
Analyst ratings and price targets can significantly influence investor sentiment and stock price. An Overweight rating suggests that the analyst believes the stock will outperform its industry in the near term. Maintaining a $54 price target indicates the analyst's belief that the stock has potential for upward movement.
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