Redburn Atlantic Initiates Coverage On Globant with Sell Rating, Announces Price Target of $135
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic has initiated coverage on Globant (NYSE:GLOB) with a Sell rating and set a price target of $135.
May 24, 2024 | 10:07 am
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Redburn Atlantic has initiated coverage on Globant with a Sell rating and set a price target of $135.
The Sell rating and the price target of $135, which is likely below the current market price, suggest a negative outlook from Redburn Atlantic. This could lead to a short-term decline in Globant's stock price as investors react to the bearish sentiment.
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