JMP Securities Maintains Market Outperform on Ibotta, Lowers Price Target to $111
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on Ibotta (NYSE:IBTA) but lowers the price target from $130 to $111.
August 14, 2024 | 5:52 pm
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Ibotta but lowers the price target from $130 to $111.
The Market Outperform rating suggests continued confidence in Ibotta's performance, but the lowered price target indicates some concerns about future growth or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100