Piper Sandler Maintains Overweight on Global E Online, Lowers Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Brent Bracelin maintains an Overweight rating on Global E Online (NASDAQ:GLBE) but lowers the price target from $47 to $44.
August 15, 2024 | 10:29 am
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Piper Sandler maintains an Overweight rating on Global E Online but lowers the price target from $47 to $44.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100