Technology services provider Globant (NYSE:GLOB) has entered into a multi-year deal with FIFA over the growth of the FIFA+ platform and supporting the football governing body’s flagship events.
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The company will support the distribution of the platform while also working on new features and experiences for FIFA+ users.
The Chief Business officer of FIFA, Romy Gai, commented, “Through its multi-faceted support, Globant will play a vital role in accelerating the development of FIFA+ as a groundbreaking digital hub that inspires and engages football enthusiasts across the globe.”
Is GLOB Stock a Buy?
Analysts remain gung-ho about Globant stock with a Strong Buy consensus rating based on seven unanimous Buys.
Further, the average analyst price target of $260.71 implies a hefty 49.98% potential upside in the stock.
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