From Financial Modeling Prep: 2024-12-09 08:50:00

Loop Capital raised Instacart’s price target to $56 from $49, maintaining a Buy rating. The adjustment reflects new 2026 forecasts and valuation methodology. Analysts praise Instacart’s role in helping grocers meet digital consumer demands, citing Walmart’s success as a sign of sector growth. Instacart’s tech solutions position it uniquely for sustained growth.



Read more at Financial Modeling Prep:: Instacart Price Target Raised to $56 on Growth Pot…