JMP Securities Reiterates Market Outperform on Uber Technologies, Maintains $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has reiterated a 'Market Outperform' rating on Uber Technologies (NYSE:UBER), maintaining a price target of $85.

March 28, 2024 | 2:46 pm
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POSITIVE IMPACT
JMP Securities reaffirms Uber Technologies with a 'Market Outperform' rating and a price target of $85.
The reiteration of a 'Market Outperform' rating and the maintenance of a high price target by a reputable analyst firm like JMP Securities could positively influence investor sentiment towards Uber Technologies. This endorsement suggests a strong belief in Uber's future performance and growth potential, likely leading to increased investor confidence and potentially a positive impact on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100