Baird Lowers Price Target on Maplebear Inc. (CART), Maintains Outperform Rating
ByAinvest
Friday, Feb 6, 2026 5:34 pm ET1min read
CART--
Baird analyst Colin Sebastian lowered the price target on Maplebear Inc. (NASDAQ:CART) to $49 from $50 while maintaining an Outperform rating on January 27. Despite the adjustment, Baird's continued Outperform stance underscores confidence in the company's strategic positioning and longer-term growth outlook. Maplebear's enterprise platform, AI-powered products, and expanding advertising business are key growth drivers.
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