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 (UBER) with a maintained price target of $90.
May 09, 2024 | 9:53 am
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POSITIVE IMPACT
Needham maintains a Buy rating on Uber Technologies with a $90 price target.
The reiteration of a Buy rating and a maintained price target of $90 by a reputable analyst like Bernie McTernan from Needham is likely to instill confidence among investors and could positively influence Uber's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100