Instacart (CART) Tops Q4 EPS by 28c
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Go back to Instacart (CART) Tops Q4 EPS by 28c
February 26, 2025 6:11 AM EST
Mizuho analyst James Lee lowered the price target on Instacart (NASDAQ: CART) to $52.00 (from $55.00) while maintaining a Outperform rating.
The analyst comments "The company reported a mixed quarter with strong GTV guidance, offset by soft EBITDA guidance from on-going investments for growth. These... More
February 26, 2025 6:09 AM EST
Goldman Sachs analyst Eric Sheridan lowered the price target on Instacart (NASDAQ: CART) to $56.00 (from $57.00) while maintaining a Buy rating.
The analyst comments "CARTs Q424 earnings results & mgmt. commentary highlighted a number of themes: 1) Q4 results produced solid GTV growth of ~10%, with order growth outpacing GTV on the back of growing restaurant contribution,... More
