The Latest Analyst Ratings For Globant
Portfolio Pulse from Benzinga Insights
In the last three months, 17 analysts have published ratings on Globant (NYSE:GLOB), with a mix of bullish and bearish perspectives. The average 12-month price target has decreased by 14.12% to $218.65. Several analysts have lowered their price targets and ratings, reflecting a cautious outlook on the stock.
May 28, 2024 | 6:01 pm
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Globant (NYSE:GLOB) has received mixed ratings from 17 analysts over the past three months, with a notable decrease in the average 12-month price target by 14.12% to $218.65. Several analysts have lowered their price targets and ratings, indicating a cautious outlook on the stock.
The decrease in the average 12-month price target and the lowering of ratings by several analysts suggest a cautious outlook on Globant's stock. This could lead to a short-term negative impact on the stock price as investors react to the revised expectations.
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