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Globant SA (NASDAQ: GLOB) was the recipient of a ratings changes during the seven days:

  • Globant SA is now covered by analysts at Citigroup Inc.. They set a “buy” rating on the stock.
  • Globant SA is now covered by analysts at JPMorgan Chase & Co.. They set an “overweight” rating and a $15.00 price target on the stock.
  • Globant SA is now covered by analysts at Credit Suisse. They set a “neutral” rating on the stock.
  • Globant SA is now covered by analysts at William Blair. They set an “outperform” rating on the stock.
  • Globant SA is now covered by analysts at Cowen and Company. They set an “outperform” rating and a $15.00 price target on the stock.

Shares of Globant SA (NASDAQ:GLOB) traded down 0.17% during mid-day trading on Wednesday, hitting $11.79. The stock had a trading volume of 6,735 shares. Globant SA has a 52 week low of $10.65 and a 52 week high of $13.25. The stock’s 50-day moving average is $11.64 and its 200-day moving average is $11.64. The company has a market cap of $393.1 million and a price-to-earnings ratio of 23.11.

Globant SA (NASDAQ:GLOB) last issued its quarterly earnings data on Thursday, August 14th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.02. The company had revenue of $49.40 million for the quarter, compared to the consensus estimate of $37.40 million. Analysts expect that Globant SA will post $0.72 EPS for the current fiscal year.

Globant SA is technologies services provider focused on delivering software solutions that leverage technologies and related market trends.

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