Citigroup Maintains Buy on Ibotta, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Ibotta (NYSE:IBTA) but lowers the price target from $125 to $95.

August 14, 2024 | 3:55 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Citigroup analyst Ronald Josey maintains a Buy rating on Ibotta but lowers the price target from $125 to $95.
The Buy rating suggests continued confidence in Ibotta's long-term prospects, but the lowered price target indicates a more cautious short-term outlook. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100