TD Cowen Maintains Buy on Uber Technologies, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge maintains a Buy rating on Uber Technologies (UBER) but lowers the price target from $90 to $88.
May 09, 2024 | 3:54 pm
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NEUTRAL IMPACT
TD Cowen maintains a Buy rating on Uber Technologies but lowers the price target from $90 to $88.
The adjustment in price target by TD Cowen, while maintaining a Buy rating, suggests a continued positive outlook on Uber Technologies but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the minor adjustment in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100