TD Cowen lowered the firm’s price target on Globant (GLOB) to $72 from $74 and keeps a Buy rating on the shares. The firm adjusted targets in the IT services group as a part of a Q1 preview. The firm expects “broadly uneventful” quarters and maintains neutral views across most of the services sector.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GLOB: