Ibotta, Inc. (NYSE:IBTA) Receives Consensus Rating of "Hold" from Analysts
Ibotta, Inc. (NYSE:IBTA) has received a consensus rating of "Hold" from nine brokerages, with one sell, seven hold, and one buy recommendation. The average 1-year price target is $34.71. Recent analyst ratings include a downgrade from Evercore ISI and UBS Group, with target prices reduced significantly. Insider trading saw significant share sales, and institutional investors have increased their stakes. Ibotta's stock opened at $25.46, with a market cap of $643.12 million. The company has approved a $100 million stock buyback program, indicating confidence in its valuation.
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