Truist Securities Maintains Buy on Uber Technologies, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has reaffirmed a Buy rating on Uber Technologies (NYSE:UBER) and increased the price target from $58 to $68.
January 26, 2024 | 8:34 pm
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POSITIVE IMPACT
Truist Securities analyst Youssef Squali maintains a Buy rating on Uber Technologies and raises the price target from $58 to $68, indicating a positive outlook on the stock.
The increase in price target by Truist Securities suggests a strong confidence in Uber Technologies' future performance. This positive analyst rating can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100