Evercore ISI Group Maintains Outperform on Ibotta, Lowers Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Ibotta (NYSE:IBTA) but lowers the price target from $125 to $114.
August 14, 2024 | 12:23 pm
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Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Ibotta but lowers the price target from $125 to $114.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100