B of A Securities Maintains Neutral on Maplebear, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Maplebear (NASDAQ:CART) while raising the price target from $41 to $45.
September 24, 2024 | 4:22 pm
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POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on Maplebear (NASDAQ:CART) and increased the price target from $41 to $45, indicating a positive outlook.
The increase in price target from $41 to $45 by B of A Securities suggests a positive outlook for Maplebear, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy or sell signal, which tempers the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100