Mizuho Maintains Buy on Uber Technologies, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee has reaffirmed a Buy rating on Uber Technologies (NYSE:UBER) and increased the price target from $63 to $77, indicating a positive outlook on the company's stock.
January 17, 2024 | 5:34 pm
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Mizuho analyst James Lee maintains a Buy rating on Uber Technologies and raises the price target from $63 to $77, 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.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100