Wedbush Reiterates Outperform on Globant, Maintains $180 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst Moshe Katri has reiterated an Outperform rating on Globant (NYSE:GLOB) and maintained a price target of $180.
August 18, 2023 | 12:57 pm
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POSITIVE IMPACT
Wedbush analyst has reiterated an Outperform rating on Globant and maintained a price target of $180.
The reiteration of an Outperform rating by a reputable analyst like Moshe Katri from Wedbush indicates a positive outlook for Globant. The maintained price target of $180 also suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100