Wolfe Research Maintains Outperform on Maplebear, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
Wolfe Research analyst Deepak Mathivanan maintains an Outperform rating on Maplebear (NASDAQ:CART) and raises the price target from $35 to $39.
March 05, 2024 | 5:22 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wolfe Research raises Maplebear's price target from $35 to $39, maintaining an Outperform rating.
An increase in the price target by a reputable analyst firm like Wolfe Research typically signals a positive outlook on the stock, suggesting that the firm believes the stock has the potential to rise to the new target price. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100