Jefferies Maintains Buy on Uber Technologies, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst John Colantuoni has maintained a Buy rating on Uber Technologies (UBER) and increased the price target from $95 to $100.
April 05, 2024 | 2:00 pm
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POSITIVE IMPACT
Jefferies has maintained a Buy rating on Uber Technologies and raised the price target from $95 to $100.
The increase in price target by a reputable analyst firm like Jefferies signals a strong confidence in Uber's future performance. This is likely to positively influence investor sentiment and potentially increase the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100