Global-e Reports First Quarter 2024 Results

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Global-E Online Ltd (GLBE) PT Raised to $47 at BofA Securities

May 21, 2024 5:16 AM EDT

BofA Securities analyst Koji Ikeda raised the price target on Global-E Online Ltd (NASDAQ: GLBE) to $47.00 (from $46.00) while maintaining a Buy rating.

The analyst comments "Global-e (GLBE) reported strong 1Q24 results with GMV, revenue, and adj. EBITDA above consensus. 2024 guidance for GMV (+$35mn... More