Goldman Sachs Starts Instacart (CART) at Buy, 'positively exposed to two key secular growth themes'

Citi Starts Instacart (CART) at Buy, 'Favorable Risk/Reward As Online Grocery Penetration Ramps Overall'

(Updated - October 16, 2023 4:01 AM EDT)

Citi analyst Ronald Josey initiates coverage on Instacart (NASDAQ: CART) with a Buy rating and a price target of $34.00.

The analyst comments "We initiate coverage of Instacart with a Buy rating and $34 TP. Given 12% Online Grocery... More

Piper Sandler Starts Instacart (CART) at Overweight, 'The #1 Player in a Lucrative Segment of the Gig Economy'

(Updated - October 16, 2023 4:26 AM EDT)

Piper Sandler analyst Alexander Potter initiates coverage on Instacart (NASDAQ: CART) with a Overweight rating and a price target of $36.00.

The analyst comments "We are initiating coverage with an Overweight rating following Instacart's recent IPO. The deal... More

Wedbush Starts Instacart (CART) at Neutral

Wedbush analyst Scott Devitt initiates coverage on Instacart (NASDAQ: CART) with a Neutral rating and a price target of $28.00.

For an analyst ratings summary and ratings history on Instacart click here. For more ratings news on Instacart click here.

Shares of Instacart closed at $25.57 yesterday.

Stifel Starts Instacart (CART) at Buy, 'Load the CART and Hitch the Horse'

(Updated - October 16, 2023 4:00 AM EDT)

Stifel analyst Mark Kelley initiates coverage on Instacart (NASDAQ: CART) with a Buy rating and a price target of $48.00.

The analyst comments "We are initiating coverage of Maplebear Inc. (CART) with a Buy... More

JMP Securities Starts Instacart (CART) at Market Outperform, 'accounts for 25.6% of 2023 U.S. digital grocery spend'

(Updated - October 16, 2023 6:32 AM EDT)

JMP Securities analyst Andrew Boone initiates coverage on Instacart (NASDAQ: CART) with a Market Outperform rating and a price target of $33.00.

The analyst comments "We initiate coverage of Maplebear (d/b/a Instacart), which is enabling a digital grocery experience for 7.7M active grocery customers and 1,400+ grocers across... More

JPMorgan Starts Instacart (CART) at Overweight, 'we like Instacart’s marketplace leadership position'

(Updated - October 16, 2023 6:34 AM EDT)

JPMorgan analyst Doug Anmuth initiates coverage on Instacart (NASDAQ: CART) with a Overweight rating and a price target of $33.00.

The analyst comments "We are initiating coverage of Instacart (Maplebear Inc.) (CART) with an Overweight rating & Dec-24 PT of $33 based on ~9x our 2025E adj. EBITDA... More

DoubleVerify (DV) Announces Partnership To Authenticate Instacart Ads (CART

DoubleVerify (DV) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced a partnership with Instacart (NASDAQ: CART), the leading grocery technology company in North America, to enable media verification and maximize advertiser performance across the platform. The... More