In a report released today, Scott Berg from Needham maintained a Buy rating on Global-e Online (GLBE – Research Report), with a price target of $25.00. The company's shares closed last Monday at $19.18, close to its 52-week low of $15.87. According to TipRanks.com, Berg is a 4-star analyst with an average return of 8.3% and a 44.5% success rate. Berg covers the Technology sector, focusing on stocks such as BigCommerce Holdings, Ceridian HCM Holding, and Tyler Technologies. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Global-e Online with a $39.88 average price target, representing a 97.4% upside.
https://www.tipranks.com/news/blurbs/needham-thinks-global-e-onlines-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Global E Online (NASDAQ:GLBE)
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