Benchmark raised the firm’s price target on Global-e Online (GLBE) to $60 from $52 and keeps a Buy rating on the shares. Q4 GMV and revenue beats were driven by large enterprise launches and “solid SSS growth,” the analyst tells investors in a post-earnings note.
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Read More on GLBE:
- Global-e Online price target lowered to $40 from $45 at KeyBanc
- Global-e Online price target raised to $43 from $38 at Morgan Stanley
- Global-e Online: Accelerating GMV, AI-Driven Margin Expansion, and Conservative Guidance Support Buy Rating
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