Globant S.A. (NYSE:GLOB) is one of the best small cap tech stocks to buy according to hedge funds. Globant S.A. (NYSE:GLOB) announced on May 21 a strategic partnership with Cascadience LLC, which is a not-for-profit technology company that creates inclusive digital solutions for individuals with disabilities, and Viability, a not-for-profit organization that provides community-based human services across five US states. The partnership aims at developing a suite of AI-first digital platforms extending “Viability’s proven support model into the digital space, amplifying user agency while expanding access and opportunity through human-centered technology”.
Globant S.A. further reported that through the collaboration, the company is providing end-to-end product development expertise, which includes data integration, AI architecture design, user experience development, and accessibility engineering. Globant S.A. is developing the “digital backbone” through adaptive support features, intelligent task orchestration, and secure data management.
In a separate development, Wedbush cut the price target on Globant S.A. to $54 from $61 on May 18, maintaining an Outperform rating on the shares.
Globant S.A. provides information technology services, including application development, application maintenance, testing, and infrastructure management.
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