Citi raised the firm’s price target on Instacart (CART) to $65 from $57 and keeps a Buy rating on the shares following the Q2 report. The firm says the company’s order growth is accelerating.
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Read More on CART:
- Instacart upgraded to Buy from Hold at Benchmark
- Instacart price target raised to $65 from $61 at Barclays
- Instacart price target raised to $60 from $55 at Citizens JMP
- Maplebear’s Solid Performance Overshadowed by Competitors’ Growth: Hold Rating Maintained
- Instacart Reports Strong Q2 Growth and Profitability