From TokenPost · · 30s
Morgan Stanley Upgrades Global-E Online
Morgan Stanley boosts Global-E Online's stock rating to Overweight.
In brief
Morgan Stanley boosts Global-E Online's stock rating to Overweight. Morgan Stanley upgraded Global-E Online Ltd. to Overweight due to stronger same-store sales growth. Originally reported by TokenPost.
Morgan Stanley Upgrades Global-E Online
Morgan Stanley upgraded Global-E Online Ltd. to Overweight on Oct. 19.
Stronger Sales Growth
The bank expects strong sales growth and sees recent same-store sales gains as underappreciated.
Shares Trade on Nasdaq
Global-E Online’s shares trade on Nasdaq under GLBE.
The takeaway
Morgan Stanley upgraded Global-E Online Ltd. to Overweight due to stronger same-store sales growth.
