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Fly News Breaks for July 27, 2017
GLOB
Jul 27, 2017 | 07:09 EDT
As noted earlier, SunTrust downgraded Globant to Hold from Buy. As reasons for the downgrade, analyst Frank Atkins cited lack of acceleration of demand, geopolitical risk ahead of Argentina's elections in October, and valuation. Target to $48 from $43.
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