JP Morgan Maintains Overweight on Maplebear, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth has maintained an Overweight rating on Maplebear (NASDAQ:CART) and increased the price target from $35 to $45.
March 25, 2024 | 11:51 am
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JP Morgan analyst Doug Anmuth has reaffirmed an Overweight rating on Maplebear and raised the price target from $35 to $45.
The upgrade in the price target by a reputable analyst like Doug Anmuth signals a strong confidence in Maplebear's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
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IMPORTANCE 90
RELEVANCE 100