Wells Fargo Initiates Coverage On Uber Technologies with Overweight Rating, Announces Price Target of $50
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Brian Fitzgerald initiates coverage on Uber Technologies (NYSE:UBER) with an Overweight rating and announces a price target of $50.
June 08, 2023 | 8:16 am
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Uber Technologies receives an Overweight rating and a $50 price target from Wells Fargo analyst Brian Fitzgerald.
Wells Fargo's initiation of coverage on Uber Technologies with an Overweight rating and a $50 price target indicates a positive outlook for the company's stock. This news is likely to have a positive short-term impact on Uber's stock price as it reflects the analyst's confidence in the company's growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100