Citigroup Maintains Buy on Maplebear, Raises Price Target to $44
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey has maintained a Buy rating on Maplebear (NASDAQ:CART) and increased the price target from $42 to $44.
May 09, 2024 | 6:19 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Maplebear and raised the price target to $44, indicating a positive outlook on the stock.
The upgrade in the price target by a reputable analyst like Ronald Josey from Citigroup typically signals a strong conviction in the company's future performance. This endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100