B of A Securities Initiates Coverage On Globant with Neutral Rating, Announces Price Target of $202
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has initiated coverage on Globant (NYSE:GLOB) with a Neutral rating and a price target of $202.
October 11, 2023 | 2:08 pm
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NEUTRAL IMPACT
Globant has been given a Neutral rating by B of A Securities with a price target of $202.
The initiation of coverage by B of A Securities with a Neutral rating indicates that the firm does not expect significant price movement in either direction for Globant's stock in the near term. The price target of $202 suggests that the firm believes this is a fair value for the stock.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100