Scotiabank Maintains Sector Perform on Globant, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Divya Goyal maintains a Sector Perform rating on Globant (NYSE:GLOB) but lowers the price target from $200 to $190.

May 17, 2024 | 1:19 pm
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NEUTRAL IMPACT
Scotiabank analyst Divya Goyal maintains a Sector Perform rating on Globant but lowers the price target from $200 to $190.
The maintenance of the Sector Perform rating suggests a neutral outlook, while the lowered price target indicates a slight decrease in expected valuation. This could lead to a neutral to slightly negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100