Wells Fargo Maintains Overweight on Uber Technologies, Raises Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Overweight rating on Uber Technologies (NYSE:UBER) and raised the price target from $53 to $59.
August 17, 2023 | 11:31 am
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Wells Fargo has maintained an Overweight rating on Uber and raised the price target from $53 to $59, indicating a positive outlook for the company.
The raised price target by Wells Fargo indicates a positive outlook for Uber. 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