In a report released yesterday, Patrick Walravens from JMP Securities maintained a Buy rating on Global-e Online (GLBE – Research Report), with a price target of $41.00. The company's shares closed last Tuesday at $19.78, close to its 52-week low of $15.63. According to TipRanks.com, Walravens is a 4-star analyst with an average return of 4.1% and a 44.4% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and ZoomInfo Technologies. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Global-e Online with a $32.33 average price target, representing a 71.4% upside.
https://www.tipranks.com/news/blurbs/jmp-securities-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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