RBC Capital Maintains Outperform on Uber Technologies, Raises Price Target to $58
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Brad Erickson has maintained an 'Outperform' rating on Uber Technologies (NYSE:UBER) and raised the price target from $46 to $58.
August 04, 2023 | 11:38 am
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POSITIVE IMPACT
RBC Capital has maintained an 'Outperform' rating on Uber and raised the price target from $46 to $58, indicating a positive outlook for the company.
The raised price target by RBC Capital indicates their belief in Uber's potential for growth. This could lead to increased investor confidence and potentially a rise in Uber's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100