Litchfield Hills Research LLC has initiated coverage on Globavend Holdings Ltd., an emerging e-commerce logistics provider, with a "Buy" rating and a price target of $0.40. This comes as Globavend's shares closed at $0.0808 on July 10, 2025. The research report highlights substantial growth opportunities for Globavend, which currently holds between 1% and 5% of the market share in its service territories. The report is available at https://hillsresearch.com/wp-content/uploads/2025/07/GVH-Initiation-Final.pdf.
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