Needham Reiterates Buy on Globant, Maintains $200 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Mayank Tandon has reiterated a Buy rating on Globant (NYSE:GLOB) and maintained a $200 price target.
June 13, 2024 | 10:10 am
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Needham analyst Mayank Tandon has reiterated a Buy rating on Globant and maintained a $200 price target, indicating continued confidence in the company's growth prospects.
The reiteration of a Buy rating and the maintenance of a $200 price target by a reputable analyst suggests strong confidence in Globant's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100