Truist analyst Matthew Coad initiated coverage of Global-e Online (GLBE) with a Sell rating and $31 price target The firm says that as a cross-border e-commerce specialist, Global-e is “arguably the most exposed company” to the tariff war. The Street has not decreased estimates enough for the evolving macro backdrop, the analyst tells investors in a research note. Until the Street resets its growth expectations lower, the shares will underperform peers, contends Truist.
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Read More on GLBE:
- 3 Best Stocks to Buy Now, 5/16/2025, According to Top Analysts
- Global-E’s Q1 2025 Earnings: Strong Growth Amid Challenges
- Global-e Online price target lowered to $55 from $60 at Raymond James
- Global-e Online price target lowered to $52 from $55 at Benchmark
- Strategic Positioning and Growth Potential: A Buy Recommendation for Global-e Online
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