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Fly News Breaks for January 12, 2017
GLOB
Jan 12, 2017 | 06:46 EDT
Pacific Crest analyst Arvind Ramnani upgraded Globant to Overweight from Sector Weight saying demand for digital remains strong despite the recent pullback in the shares. Globant, as a pure-play digital company that should sustain 20%-plus growth in the near term, is an "attractive asset to own," Ramnani tells investors in a research note. The analyst has a $38 price target for the shares.
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