Needham Reiterates Buy on Ibotta, Maintains $125 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a Buy rating on Ibotta (NYSE:IBTA) and maintained a price target of $125.
May 31, 2024 | 9:56 am
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Needham analyst Bernie McTernan has reiterated a Buy rating on Ibotta (NYSE:IBTA) and maintained a price target of $125.
The reiteration of a Buy rating and the maintenance of a $125 price target by a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100