Analysts fell to the sidelines weighing in on Globant SA (GLOB – Research Report) and Akamai (AKAM – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Globant SA (GLOB)
In a report released yesterday, Joseph Vafi from Canaccord Genuity maintained a Hold rating on Globant SA, with a price target of $175.00. The company’s shares closed last Thursday at $177.73.
According to TipRanks.com, Vafi is a 5-star analyst with an average return of
Globant SA has an analyst consensus of Moderate Buy, with a price target consensus of $232.09, a 30.1% upside from current levels. In a report issued on May 10, Scotiabank also downgraded the stock to Hold with a $200.00 price target.
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Akamai (AKAM)
Needham analyst Alex Henderson maintained a Hold rating on Akamai today. The company’s shares closed last Thursday at $96.87.
According to TipRanks.com, Henderson is a 5-star analyst with an average return of
Currently, the analyst consensus on Akamai is a Moderate Buy with an average price target of $116.62, representing a 22.0% upside. In a report issued on May 10, Craig-Hallum also maintained a Hold rating on the stock with a $110.00 price target.
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