Needham Reiterates Buy on Uber Technologies, Maintains $56 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Bernie McTernan reiterated a Buy rating on Uber Technologies (NYSE:UBER) and maintained a $56 price target.
June 02, 2023 | 9:14 am
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Needham analyst Bernie McTernan reiterated a Buy rating on Uber Technologies and maintained a $56 price target.
The reiteration of a Buy rating and maintenance of a $56 price target by Needham analyst Bernie McTernan indicates a positive outlook for Uber Technologies. This news is likely to have a positive short-term impact on the stock price as it reaffirms the analyst's confidence in the company's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100