Global-e Online (GLBE) Misses Q2 EPS by 7c, provides guidance

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Global-E Online Ltd (GLBE) PT Lowered to $45 at BofA Securities

August 15, 2024 6:23 AM EDT

BofA Securities analyst Koji Ikeda lowered the price target on Global-E Online Ltd (NASDAQ: GLBE) to $45.00 (from $47.00) while maintaining a Buy rating.

The analyst comments "Global-e (GLBE) reported good 2Q24 results, with GMV, revenue, and adj. EBTIDA above consensus. However, 2024 GMV... More