Baird analyst Colin Sebastian lowered the firm’s price target on Instacart (CART) to $50 from $60 and keeps an Outperform rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CART:
- Why BTIG Believes Instacart Stock (CART) May Be in Trouble
- Trump announces lumber tariffs, Exxon Mobil to cut 2,000 jobs: Morning Buzz
- CoreWeave initiated, Instacart downgraded: Wall Street’s top analyst calls
- Morning Movers: Spotify drops after announcing leadership succession plans
- Instacart downgraded to Neutral at BTIG amid negative competitive developments