A Glimpse Into The Expert Outlook On Globant Through 15 Analysts
Portfolio Pulse from Benzinga Insights
Globant (NYSE:GLOB) has been analyzed by 15 analysts, showing a range of sentiments from bullish to bearish. The average 12-month price target has increased by 4.41% to $222.07. Analysts have adjusted their ratings and price targets, reflecting a generally positive outlook. Globant's financial performance is strong, with notable revenue growth and net margin, though its ROE is below industry averages.
September 06, 2024 | 9:00 pm
News sentiment analysis
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POSITIVE IMPACT
Globant has received a positive shift in analyst ratings, with an average price target increase of 4.41% to $222.07. Analysts have generally raised their ratings, indicating a positive outlook. The company's strong revenue growth and net margin further support this sentiment.
The increase in the average price target and the positive adjustments in analyst ratings suggest a bullish sentiment towards Globant. The company's strong financial performance, particularly in revenue growth and net margin, supports this positive outlook. The lack of bearish ratings further indicates confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100