Global-E Online gains as Morgan Stanley sees persistent growth durability

yf_tkr_MS · 2026-10-19

$GLBE $MS $MGHL

Investing.com -- Global-E Online Ltd (NASDAQ:GLBE) shares rose 2.1% on Monday after Morgan Stanley upgraded the cross-border e-commerce platform to Overweight from Equalweight, citing persistent underestimation of the company’s same-store sales durability. Analyst James Faucette raised his price target on the stock to $50 from $46, pointing to Global-E's critical role in removing friction from international online retail.

Sector coverage: Consumer Cyclical · Internet Retail · Financial Services · Capital Markets

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