Mizuho lowered the firm’s price target on Globant (GLOB) to $76 from $91 and keeps an Outperform rating on the shares. The company reported better than expected Q4 results and provided a relatively in-line 2026 guidance, the analyst tells investors in a research note.
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Read More on GLOB:
- Globant Earnings Call: Cash Strength, AI Bets, Slow Growth
- Globant price target lowered to $74 from $86 at TD Cowen
- Globant price target lowered to $62 from $68 at JPMorgan
- Holding Neutral on Globant as AI Potential Grows but Revenue Inflection Remains a 2026 Story
- Globant price target lowered to $50 from $70 at Canaccord
