Globant Reports 2016 Third Quarter Financial Results

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Jefferies Cuts Price Target on Globant (GLOB) to $39 Following 3Q

November 16, 2016 8:23 AM EST

Jefferies maintained a Hold rating on Globant S.A. (NYSE: GLOB), and cut the price target to $39.00 (from $40.00), following the company's 3Q earnings report. The company lowered the F16 EPS guidance range, while raising the lower-end of its F16 revs guidance range.... More