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globant reports earnings miss as analysts adjust stock ratings and targets
Globant S.A. reported a quarterly EPS of $1.36, falling short of the $1.75 consensus estimate, with revenue of $642.48 million against expectations of $644.42 million. The company has a market cap of $5.22 billion and a Moderate Buy rating from analysts, though several top analysts recommend alternative stocks. Institutional investors hold 91.60% of the shares, with JPMorgan Chase increasing its stake by 8.6% recently.
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