Uber shares are trading higher after Seaport initiated coverage on the stock with a Buy rating and $51 price target.
Portfolio Pulse from Benzinga Newsdesk
Seaport has initiated coverage on Uber with a Buy rating and a price target of $51. This has led to an increase in Uber's share price.
October 24, 2023 | 7:35 pm
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Uber's stock is trading higher following Seaport's initiation of coverage with a Buy rating and a $51 price target.
Seaport's initiation of coverage on Uber with a Buy rating and a $51 price target has led to an increase in Uber's share price. This positive analyst rating indicates confidence in the company's future performance, which can attract more investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100