Needham upgrades Instacart to buy, sees 43% upside

Go back to Needham upgrades Instacart to buy, sees 43% upside

Goldman Sachs Reiterates Conviction Buy Rating on Uber Inc. (UBER), PT $96

January 15, 2025 4:28 PM EST

Goldman Sachs analyst Eric Sheridan reiterated a Conviction Buy rating and $96.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "With this report, we address what we see as the 2 main areas of investor focus for UBER: 1) the rise of autonomous vehicle technology and its potential impact on the ridesharing industry & 2) the building blocks of the medium-term topline growth algorithm laid out at UBER's 2024 Investor Day. Key... More

Mizuho Starts Instacart (CART) at Outperform

January 13, 2025 4:16 PM EST

Mizuho analyst James Lee initiates coverage on Instacart (NASDAQ: CART) with a Outperform rating and a price target of $55.00.

The analyst comments "We initiate coverage of Instacart at Outperform and $55 PT, based on 11x FY26 EBITDA. We believe CARTs category-leading position in grocery... More