Uber Technologies shares are trading higher after Bernstein maintained an Outperform rating on the stock and raised its price target from $45 to $50.
Portfolio Pulse from Benzinga Newsdesk
Uber Technologies shares are trading higher after Bernstein maintained an Outperform rating on the stock and raised its price target from $45 to $50.
June 26, 2023 | 2:55 pm
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POSITIVE IMPACT
Uber's stock price is trading higher after Bernstein maintained an Outperform rating and raised its price target from $45 to $50.
The news of Bernstein maintaining an Outperform rating and raising its price target for Uber is a positive signal for investors, indicating that the stock is expected to perform well in the short term. This directly impacts Uber's stock price, causing it to trade higher.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100