MoffettNathanson Reiterates Neutral on Maplebear, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
MoffettNathanson analyst Michael Morton reiterates a Neutral rating on Maplebear (NASDAQ:CART) and raises the price target from $36 to $37.
April 11, 2024 | 3:27 pm
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NEUTRAL IMPACT
MoffettNathanson analyst Michael Morton reiterates a Neutral rating on Maplebear but increases the price target from $36 to $37.
The adjustment in price target by MoffettNathanson suggests a slight positive outlook on Maplebear's valuation, though the Neutral rating indicates no significant change in the company's overall prospects. This could lead to a modestly positive short-term sentiment among investors, but the neutral stance suggests no major immediate impact on stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100