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.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100