Is Global-E Online (GLBE) One of The Best Retail Stocks

Global-E Online Ltd. (NYSE:GLBE) is one of the 10 best retail stocks with huge upside potential. On February 26, Truist reduced the price target for Global-E Online Ltd. (NYSE:GLBE) from $43 to $42. The firm maintained a Hold rating on the stock, yielding an upside potential above 17% at the prevailing level. Following the fourth-quarter results, the adjustment reflects a model update driven by softer revenue and gross profit estimates. The firm highlighted concerns about take-rate compression, which is ...