JMP Securities Maintains Market Outperform on Maplebear, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has maintained a Market Outperform rating on Maplebear (NASDAQ:CART) and increased the price target from $35 to $42.
May 09, 2024 | 6:22 pm
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JMP Securities has raised the price target for Maplebear from $35 to $42 while maintaining a Market Outperform rating.
The increase in price target by JMP Securities reflects a positive outlook on Maplebear's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100