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The raised target is a bullish analyst signal, but another analyst target update for Ibotta the same day cites a lower $58 target, tempering confidence.
What happened, with direct paths to the underlying reporting
Needham raised its Ibotta price target to $65, about 30% above the posted price of $50.07.
Target: $65
Posted price: $50.07
Analyst firm: Needham
Analyst: Bernie McTernan
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