Ibotta down 40% after weak forecast triggers multiple downgrades
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Ibotta Inc (IBTA) PT Lowered to $56 at Evercore ISI
February 27, 2025 1:53 PM ESTEvercore ISI analyst Mark Mahaney lowered the price target on Ibotta Inc (NYSE: IBTA) to $56.00 (from $97.00) while maintaining a Outperform rating.
The analyst comments "Lower Q4 EPS results. Were not surprised to see the stock off -40- ish% today as... More
BofA Securities Downgrades Ibotta Inc (IBTA) to Neutral
February 27, 2025 9:58 AM ESTBofA Securities analyst Curtis Nagle downgraded Ibotta Inc (NYSE: IBTA) from Buy to Neutral with a price target of $40.00 (from $90.00).
The analyst comments "We downgrade Ibotta to Neutral given much lower than expected 4Q revenues and 1Q guide. Most concerning on the print was a... More
