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Analysts Offer Insights on Technology Companies: Globant SA (GLOB) and Uber Technologies (UBER)
There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Globant SA (GLOB – Research Report) and Uber Technologies (UBER – Research Report) with bullish sentiments.
In a report released today, Sean Kennedy from Mizuho Securities reiterated a Buy rating on Globant SA, with a price target of $76.00. The company’s shares closed last Friday at $49.76.
According to TipRanks.com, Kennedy has 0 stars on 0-5 stars ranking scale with an average return of -24.1% and a 10.0% success rate. Kennedy covers the Technology sector, focusing on stocks such as Epam Systems, Accenture, and Cognizant.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Globant SA with a $64.18 average price target, implying a 34.1% upside from current levels. In a report issued on February 28, TipRanks – PerPlexity also upgraded the stock to Buy with a $55.00 price target.
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