Needham Maintains Buy on Uber Technologies, Raises Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reaffirmed a Buy rating on Uber Technologies (NYSE:UBER) and increased the price target from $63 to $71.
January 22, 2024 | 11:12 am
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Needham analyst Bernie McTernan maintains a Buy rating on Uber Technologies and raises the price target to $71.
The increase in price target by Needham suggests a positive outlook on Uber's future performance, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100