Piper Sandler Maintains Overweight on Globant, Raises Price Target to $257
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani has maintained an Overweight rating on Globant (NYSE:GLOB) and increased the price target from $217 to $257.
December 15, 2023 | 9:31 am
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POSITIVE IMPACT
Piper Sandler has reaffirmed an Overweight rating on Globant and raised the price target to $257, indicating a positive outlook on the stock.
The increase in price target by Piper Sandler suggests a strong conviction in the company's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100