BofA analyst Matt Bullock reinstated coverage of Global-e Online (GLBE) with a Buy rating and $43 price target The firm argues that Global-e is in “the early innings of consolidating one of the largest TAMs in software” and sees it as “well on its way to establishing itself as the de facto platform” in the cross-border e-commerce market by 2030.
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Read More on GLBE:
- Global-e Online management to meet with Piper Sandler
- Global-e Online price target lowered to $42 from $43 at Truist
- Global-e Online price target raised to $52 from $50 at BofA
- Global-e Online price target raised to $60 from $52 at Benchmark
- Global-e Online price target lowered to $40 from $45 at KeyBanc