Globant (GLOB) Misses Q2 EPS by 1c, Offers Q3 & FY Guidance

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Globant S.A. (GLOB) PT Raised to $42 at Cantor Fitzgerald Following 2Q

August 18, 2017 8:08 AM EDT

Cantor Fitzgerald raised its price target on Globant S.A. (NYSE: GLOB) to $42.00 (from $36.00) while maintaining a Neutral rating. GLOB reported 2Q revenue of $99.6 mn, above the FactSet consensus of $95.7 mn. Adjusted EPS of $0.27 was below the consensus of $0.28.

Globant raised 2017 revenue... More