Instacart price target raised to $51 from $50 at BofA

TipRanks11-14

BofA analyst Justin Post raised the firm’s price target on Instacart (CART) to $51 from $50 and keeps a Neutral rating on the shares. For 4Q, the firm “slightly” lowers its GTV and revenue estimates, ...

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Try Now>>\n\n\nSee today’s best-performing stocks on TipRanks >>\n\n\nRead More on CART:\n\nInstacart price target raised to $56 from $48 at Barclays\nInstacart Reports Strong Growth in Latest Earnings\nClosing Bell Movers: Instacart down 6% after earnings\nInstacart sees Q4 adjusted EBITDA $230M-$240M\nInstacart reports Q3 EPS 42c, consensus 22c","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483085318"}