JMP Securities Reiterates Market Outperform on Global E Online, Maintains $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Patrick Walravens has reiterated a 'Market Outperform' rating on Global E Online (NASDAQ: GLBE) and maintained a price target of $46.
December 05, 2023 | 2:23 pm
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JMP Securities analyst reaffirms a positive 'Market Outperform' rating on Global E Online with a $46 price target, indicating a bullish outlook.
The reiteration of a 'Market Outperform' rating and the maintenance of a $46 price target by JMP Securities suggests a strong vote of confidence in Global E Online's stock performance. This positive analyst coverage is likely to influence investor sentiment and could lead to a short-term increase in the stock price, as it reaffirms the company's potential for growth and profitability.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100