Roth Capital lowered the firm’s price target on Marti Technologies (MRT) to $4 from $5 and keeps a Buy rating on the shares. The company delivered a strong beat versus its original 2025 guidance and raised its first-half outlook for riders and drivers, while maintaining its full-year 2026 revenue and EBITDA targets, and the business is diversifying beyond ride-hailing in Istanbul, with increasing monetization in newer cities and early traction in delivery services, the analyst tells investors in a research note. Roth adds however that its reduced price target reflects a higher share count.
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