Instacart Is Winning More Shoppers By Staying Affordable, Analysts Say
1. CART reported stronger Q3 results, exceeding expectations. 2. Gross transaction volume reached $9.17 billion, surpassing guidance. 3. Instacart increased its fourth-quarter GTV outlook, indicating demand resilience. 4. JPMorgan maintained 'Overweight' rating, showing confidence in CART's growth drivers. 5. Analysts noted aggressive stock buyback as a sign of management confidence.