Uber shares are trading higher amid overall market strength. MoffettNathanson reiterated its bullish rating and $92 price target on the stock.
Portfolio Pulse from Benzinga Newsdesk
Uber shares are experiencing an uptick due to overall market strength, with MoffettNathanson maintaining a bullish stance and a $92 price target on the stock.
April 11, 2024 | 6:42 pm
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POSITIVE IMPACT
Uber's stock is trading higher, supported by positive market conditions and reaffirmed confidence from MoffettNathanson, which has a $92 price target on the stock.
The positive movement in Uber's stock is directly attributed to the overall market strength and the bullish outlook from MoffettNathanson. The reiteration of a high price target suggests strong confidence in Uber's future performance, likely influencing investor sentiment positively in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100