Analysts Conflicted on These Consumer Cyclical Names: Global-e Online (GLBE) and SharkNinja, Inc. (SN)
Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Global-e Online (GLBE) and SharkNinja, Inc. (SN).
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Global-e Online (GLBE)
In a report released today, Matt Bullock from Bank of America Securities reiterated a Buy rating on Global-e Online, with a price target of $40.00. The company’s shares closed last Tuesday at $29.68, close to its 52-week low of $28.11.
According to TipRanks.com, Bullock is ranked 0 out of 5 stars with an average return of
Currently, the analyst consensus on Global-e Online is a Strong Buy with an average price target of $42.88, which is a 44.5% upside from current levels. In a report issued on May 12, TipRanks – Google also upgraded the stock to Buy with a $33.00 price target.
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SharkNinja, Inc. (SN)
Morgan Stanley analyst Megan Alexander maintained a Hold rating on SharkNinja, Inc. today and set a price target of $128.00. The company’s shares closed last Tuesday at $116.21, close to its 52-week high of $123.00.
According to TipRanks.com, Alexander is ranked #9490 out of 12270 analysts.
SharkNinja, Inc. has an analyst consensus of Strong Buy, with a price target consensus of $151.75.
Read More on GLBE:
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- Passport deal strengthens Global-e’s competitive positioning, says Jefferies
- Global-e to Acquire Passport for $350 Million to Bolster Cross-Border Logistics
- Global-e Online enters agreement to acquire Passport Global
- Global-e Online price target lowered to $40 from $43 at BofA
- Global-e Online: Buy Rating Reiterated as Growth Accelerates, Profitability Improves, and $47 Price Target Maintained
