Piper Sandler raised the firm’s price target on Globant to $204 from $198 and keeps an Overweight rating on the shares. The analyst says Globant’s fiscal 2023 revenue guidance was broadly in-line with Piper’s expectations, but well below consensus.
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Read More on GLOB:
- Globant price target lowered to $192 from $207 at Cowen
- Globant Reports 2022 Fourth Quarter and Full Year Financial Results
- Globant sees FY23 non-IFRS adjusted EPS at least $5.70, consensus $5.99
- Globant sees Q1 non-IFRS adjusted diluted EPS at least $1.27, consensus $1.24
- Globant reports Q4 non-IFRS EPS $1.40, consensus $1.38