B of A Securities Maintains Buy on Global E Online, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Vivek Arya maintains a Buy rating on Global E Online (NASDAQ:GLBE) but lowers the price target from $47 to $45.
August 15, 2024 | 1:18 pm
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Global E Online but lowers the price target from $47 to $45.
The Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100