Globant Analysts Cut Their Forecasts After Downbeat Q3 Earnings
1. GLOB missed earnings estimate of $1.54, posting $1.53 per share. 2. Quarterly sales of $617.143M exceeded the $615.376M estimate. 3. CEO emphasizes commitment to AI-driven long-term growth strategy. 4. Needham maintains Buy but lowers price target to $80 from $85. 5. JP Morgan keeps Neutral rating and lowers target to $75 from $78.