TD Cowen analyst Bryan Bergin lowered the firm’s price target on Globant (GLOB) to $74 from $86 and keeps a Buy rating on the shares. The firm updated its model following results and said growth remains pressured near term, but bookings acceleration and lapping FY25 items support return to growth by mid-2026. Its AI pod model is scaling quickly and supports better economics, but questions on net impacts linger.
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