B of A Securities Initiates Coverage On Maplebear with Neutral Rating, Announces Price Target of $30
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Justin Post has initiated coverage on Maplebear (NASDAQ:CART) with a Neutral rating and a price target of $30.
October 16, 2023 | 2:43 pm
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NEUTRAL IMPACT
B of A Securities has initiated coverage on Maplebear with a Neutral rating and a price target of $30.
The initiation of coverage by B of A Securities with a Neutral rating suggests that the firm sees the stock as fairly valued at current levels. The price target of $30 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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100