Piper Sandler Reiterates Overweight on Maplebear, Raises Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has reiterated an Overweight rating on Maplebear (NASDAQ:CART) and increased the price target from $45 to $47.
May 09, 2024 | 12:23 pm
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Piper Sandler has reaffirmed its Overweight rating on Maplebear and raised the price target to $47.
The reiteration of an Overweight rating combined with an increased price target typically signals a positive outlook on the stock from the analyst's perspective. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100