Truist Securities Raises Rating on GLBE $GLBE
Key Points
- Truist Securities now rates Global-E Online Ltd. ($GLBE) "buy" with a $39 target.
- Truist Securities's $39 price target implies 19.16% upside from Global-E Online Ltd.'s ($GLBE) current $32.73 share price.
- The Street's average $GLBE price target is $50.62 (Strong Buy).
- $GLBE last traded around $32.73.
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Truist Securities raised its rating on Global-E Online Ltd. ($GLBE) to a "buy" rating in a recent research note and set a price target of $39, a 19.16% upside from the current price.
Global-E Online Ltd. Stock Down 18.1%
Shares of Global-E Online Ltd. ($GLBE) traded around $32.73 on Saturday, down 18.1% for the day.
Global-E Online Ltd. Earnings
Analysts Set New Price Targets
About Global-E Online Ltd.
Global-E Online Ltd., together with its subsidiaries, provides direct-to-consumer cross-border e-commerce platform in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online, and merchants to sell from and to worldwide. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.