Piper Sandler Reiterates Overweight on Globant, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani has reiterated an Overweight rating on Globant (NYSE:GLOB) and raised the price target from $238 to $240.

August 16, 2024 | 9:15 am
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Piper Sandler analyst Arvind Ramnani has reiterated an Overweight rating on Globant and raised the price target from $238 to $240.
The reiteration of an Overweight rating and a slight increase in the price target from $238 to $240 by a reputable analyst is a positive signal for investors. This suggests confidence in the company's performance and potential for growth, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100