Morgan Stanley Maintains Equal-Weight on Maplebear, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak has maintained an Equal-Weight rating on Maplebear (NASDAQ:CART) and increased the price target from $28 to $40.
May 06, 2024 | 5:22 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Maplebear and raised the price target from $28 to $40.
The increase in price target by Morgan Stanley suggests a positive outlook on Maplebear's future performance, potentially leading to increased investor interest and a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100