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  "documentTitle": "Globant SA (GLOB)",
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  "notes": "Uses linear regression to justify a specific price target based on peer multiples.",
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      "text": "Our linear regression on similar companies suggests a valuation based on Sales of 1.8x which equates to a price target of approximately $26.50",
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      "text": "Our linear regression on similar companies suggests a valuation based on EBITDA of approximately 11.0x which equates to a price target of approximately $28.00",
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      "text": "We ran a regression analysis to aid us in our valuation framework. We included peers that had organic growth rates of at least 9%",
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      "text": "Source: Bloomberg, Company Filings and Spruce Point Estimates",
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