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Fly News Breaks for February 21, 2018
GLOB
Feb 21, 2018 | 08:46 EDT
SunTrust analyst Frank Atkins raised his price target on Globant to $52 after a Q4 earnings beat and raised FY18 outlook. The analyst notes that he is encouraged by the company's revenue trajectory, but the 33-times expected FY18 PE valuation premium is keeping him on the sidelines given the risk of margin pressure. Atkins keeps his Hold rating on Globant.
News For GLOB From the Last 2 Days
GLOB
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