Globant Reports 2025 First Quarter Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Goldman Sachs Downgrades Globant S.A. (GLOB) to Neutral, PT $120
May 16, 2025 7:24 AM EDTGoldman Sachs analyst James Schneider downgraded Globant S.A. (NYSE: GLOB) from Buy to Neutral with a price target of $120.00 (from $225.00).
The analyst comments "We downgrade the stock from Buy to Neutral following 1Q results and guidance that were significantly weaker than expected. Globant noted significant weakening across in discretionary projects where it is most highly exposed, with notable softness in LatAm... More
