JMP Securities Maintains Market Outperform on Uber Technologies, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has reaffirmed a 'Market Outperform' rating on Uber Technologies (NYSE:UBER) and increased the price target from $57 to $62, indicating a positive outlook on the company's stock.
November 13, 2023 | 2:51 pm
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JMP Securities analyst Andrew Boone has maintained a 'Market Outperform' rating on Uber Technologies and raised the price target from $57 to $62, suggesting confidence in the company's future performance.
The increase in price target by JMP Securities reflects a positive assessment of Uber's market performance and potential. This endorsement from a reputable analyst is likely to instill confidence in investors and could lead to a short-term increase in Uber's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100