TD Cowen Maintains Buy on Globant, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Bryan Bergin maintains a Buy rating on Globant (NYSE:GLOB) but lowers the price target from $235 to $220.
May 17, 2024 | 3:55 pm
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NEUTRAL IMPACT
TD Cowen analyst Bryan Bergin maintains a Buy rating on Globant but lowers the price target from $235 to $220.
The Buy rating suggests continued confidence in the company's performance, but the lowered price target indicates some caution about future growth. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100