On Nov 22, major Wall Street analysts update their ratings for $Global-E Online (GLBE.US)$, with price targets ranging from $52 to $60.
Morgan Stanley analyst James Faucette maintains with a hold rating, and adjusts the target price from $40 to $52.
Jefferies analyst Samad Samana maintains with a buy rating, and maintains the target price at $58.
Raymond James analyst Brian Peterson maintains with a buy rating, and adjusts the target price from $40 to $55.
Benchmark Co. analyst Mark Zgutowicz maintains with a buy rating, and adjusts the target price from $45 to $60.
Furthermore, according to the comprehensive report, the opinions of $Global-E Online (GLBE.US)$'s main analysts recently are as follows:
Following 'strong' Q3 results and an adjustment in the 2024 guidance to more promising midpoints, it is believed that Global-e Online supports the optimistic perspective that it is becoming the default choice in the significant yet specialized $175B cross-border total addressable market.
Global-e Online delivered impressive Q3 results and has confirmed that the significant increase in gross merchandise value anticipated for Q4 is on course. The company is also expected to provide clear visibility into its growth and free cash flow projections up to 2025.
After delivering a solid Q3, there are expectations that the company will maintain a growth rate of over 25% for an extended period.
Here are the latest investment ratings and price targets for $Global-E Online (GLBE.US)$ from 4 analysts:
Note:
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