Needham Reiterates Buy on Uber Technologies, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan reiterates a Buy rating on Uber Technologies (NYSE:UBER) and maintains a $90 price target.
May 08, 2024 | 1:18 pm
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Needham analyst Bernie McTernan reiterates a Buy rating on Uber Technologies with a $90 price target.
The reiteration of a Buy rating and a high price target by a reputable analyst like Bernie McTernan signals strong confidence in Uber Technologies' future performance. This endorsement is likely to positively influence investor sentiment and could lead to a short-term uptick in UBER's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100