Form 144 Maplebear Inc. Filed by: Fong Morgan

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Instacart (CART) PT Raised to $50 at Macquarie

October 22, 2024 6:18 AM EDT

Macquarie analyst Ross Compton raised the price target on Instacart (NASDAQ: CART) to $50.00 (from $45.00) while maintaining a Outperform rating.

The analyst comments "Instacart further extends its retail media advertising strategy to reaccelerate advertising growth. We think the company's Uber partnership can add... More