BMO Capital Initiates Coverage On Uber Technologies with Outperform Rating, Announces Price Target of $69
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has initiated coverage on Uber Technologies with an Outperform rating and set a price target of $69.
January 09, 2024 | 11:29 am
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Uber Technologies received an Outperform rating from BMO Capital with a price target of $69, indicating a positive outlook from the analyst.
Analyst ratings, especially initiations of coverage with positive outlooks, can influence investor sentiment and stock prices. The Outperform rating and the price target of $69 suggest a bullish view on Uber's future performance, which could lead to increased investor interest and a potential rise in the stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100