Keybanc Maintains Overweight on Uber Technologies, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Justin Patterson has maintained an Overweight rating on Uber Technologies (NYSE:UBER) and increased the price target from $61 to $70, indicating a positive outlook on the company's stock.
December 19, 2023 | 9:12 am
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Keybanc analyst Justin Patterson reaffirmed an Overweight rating on Uber Technologies and raised the price target from $61 to $70, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health, which can positively influence investor sentiment and potentially drive the stock price up in the short term.
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