seekingalpha.com Analyst action
Globant tumbles on outlook cut, Wedbush downgrade
[Globant glass building with blue sky in the background] Arturo Rosenow * Shares of Globant (GLOB [https://seekingalpha.com/symbol/GLOB]) tumbled 12% on Friday after it [https://seekingalpha.com/news/4633063-globant-stock-plunges-after-full-year-outlook-cut] cut its full-year outlook, prompting Wedbush Securities to downgrade the software development firm. * “We are downgrading shares of Globant from OUTPERFORM to NEUTRAL while lowering our price target from $54 to $37 reflecting …