Globant (GLOB) Reports In-Line Q3 EPS, provides guidance

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Globant S.A. (GLOB) PT Raised to $248 at CFRA

November 15, 2024 7:06 AM EST

CFRA analyst Brooks Idlet raised the price target on Globant S.A. (NYSE: GLOB) to $248.00 (from $230.00) while maintaining a Buy rating.

The analyst comments "We raise our price target by $18 to $248, 32.5x our '25 EPS estimate, near GLOB's 3-year average (~33x).... More