Barclays Maintains Overweight on Maplebear, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler has maintained an Overweight rating on Maplebear (NASDAQ:CART) and increased the price target from $41 to $43.
May 09, 2024 | 3:27 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Maplebear and raised the price target from $41 to $43.
The upgrade in price target by a reputable analyst like Ross Sandler from Barclays is a positive signal for investors, indicating a bullish outlook on Maplebear's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100