Oppenheimer Maintains Outperform on Uber Technologies, Raises Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein has maintained an Outperform rating on Uber Technologies (NYSE:UBER) and increased the price target from $65 to $75.
December 04, 2023 | 1:12 pm
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Oppenheimer has reaffirmed its Outperform rating on Uber Technologies and raised the price target from $65 to $75, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Jason Helfstein typically suggests a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 85
RELEVANCE 100