Global-E Online is trading at $41.39, up 4.23%, after Morgan Stanley upgraded the stock to Overweight from Equalweight and raised its price target to $50 from $46.
- Morgan Stanley cited mid-teens same-store-sales growth and a more constructive outlook for customer retention.
- The upgrade was reported October 19; coverage updated October 20 described shares as rallying on the bullish view, while market-index moves were mixed.