Ibotta Reports First Quarter 2024 Financial Results

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Ibotta Inc (IBTA) PT Raised to $129 at UBS

May 31, 2024 6:28 AM EDT

UBS analyst Chris Kuntarich raised the price target on Ibotta Inc (NYSE: IBTA) to $129.00 (from $125.00) while maintaining a Buy rating.

The analyst comments "3P redemption activity remains solid into 2Q supported by ramping user adoption and a strong promotional... More