Deutsche Bank Initiates Coverage On Globant with Hold Rating, Announces Price Target of $210
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has initiated coverage on Globant (NYSE:GLOB) with a Hold rating and set a price target of $210.
August 22, 2024 | 9:39 am
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NEUTRAL IMPACT
Deutsche Bank has initiated coverage on Globant with a Hold rating and a price target of $210, indicating a neutral stance on the stock.
The Hold rating suggests that Deutsche Bank sees limited upside in the short term for Globant's stock, aligning with the $210 price target. This neutral stance is likely to result in minimal immediate impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100