Jefferies Reiterates Buy Rating on Global-E Online Following Passport Acquisition Deal

On May 26, 2026, Jefferies reiterated a 'Buy' rating and set a $40 price target for Global-E Online (NASDAQ:GLBE) following its agreement to acquire Passport Global. The acquisition is expected to enhance logistics capabilities and expand the company's total addressable market.

By Jeff Lewis Thu, June 4, 2026 at 7:51 PM GMT+3 2 min read · Yahoo Finance · June 4, 2026, 16:51 UTC

Tickers: $GLBE

Topics: Buy Rating Logistics Expansion M&A

Read the full article at Yahoo Finance

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