Needham upgrades Instacart to buy, sees 43% upside
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Goldman Sachs Reiterates Conviction Buy Rating on Uber Inc. (UBER), PT $96
January 15, 2025 4:28 PM ESTGoldman Sachs analyst Eric Sheridan reiterated a Conviction Buy rating and $96.00 price target on Uber Inc. (NYSE: UBER).
The analyst comments "With this report, we address what we see as the 2 main areas of investor focus for UBER: 1) the rise of autonomous vehicle technology and its potential impact on the ridesharing industry & 2) the building blocks of the medium-term topline growth algorithm laid out at UBER's 2024 Investor Day. Key... More
Mizuho Starts Instacart (CART) at Outperform
January 13, 2025 4:16 PM ESTMizuho analyst James Lee initiates coverage on Instacart (NASDAQ: CART) with a Outperform rating and a price target of $55.00.
The analyst comments "We initiate coverage of Instacart at Outperform and $55 PT, based on 11x FY26 EBITDA. We believe CARTs category-leading position in grocery... More
