Wedbush Initiates Coverage On Maplebear with Neutral Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt has initiated coverage on Maplebear (NASDAQ:CART) with a Neutral rating and a price target of $28.

October 16, 2023 | 9:52 am
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Wedbush has initiated coverage on Maplebear with a Neutral rating and a price target of $28.
The initiation of coverage by Wedbush with a Neutral rating suggests that the firm sees the stock as fairly valued at current levels. The price target of $28 provides a reference point for investors, but does not necessarily suggest significant upside or downside. This could lead to a neutral short-term impact on the stock.
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IMPORTANCE 70
RELEVANCE 100