Analyst Downgrades – Globant S.A. (NYSE:GLOB) Stock Gets Downgraded By SunTrust Banks, Inc. from Buy to Hold

Analyst Ratings For Globant S.A. (NYSE:GLOB)

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Today, Globant S.A. (NYSE:GLOB) stock was downgraded by SunTrust Banks, Inc. from Buy to Hold with a price target of $48.00.

There are 3 hold ratings, 4 buy ratings on the stock.

The current consensus rating on Globant S.A. (NYSE:GLOB) is Buy (Score: 2.57) with a consensus target price of $43.29 per share, a potential 4.34% downside.

Some recent analyst ratings include

  • 7/27/2017-SunTrust Banks, Inc. was Downgraded by analysts at SunTrust Banks, Inc. from a “Buy ” rating to a ” Hold” rating. They now have a $48.00 price target on the stock, up previously from $43.00 .
  • 5/19/2017-Cantor Fitzgerald Reiterated Rating of Hold.
  • 1/12/2017-Pacific Crest Upgrade from a “Sector Weight ” rating to a ” Overweight” rating.
  • 9/8/2016-Wedbush initiated coverage with a Outperform rating.

    Recent Trading Activity for Globant S.A. (NYSE:GLOB)
    Shares of Globant S.A. closed the previous trading session at 45.25 down -2.09 -4.41% with 251,809 shares trading hands.

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