Roth MKM Reiterates Buy on Uber Technologies, Lowers Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Rohit Kulkarni has reiterated a Buy rating on Uber Technologies (UBER) but has lowered the price target from $91 to $89.

May 10, 2024 | 2:21 pm
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NEUTRAL IMPACT
Roth MKM reaffirms a Buy rating on Uber Technologies, adjusting the price target down from $91 to $89.
The reiteration of a Buy rating by Roth MKM suggests a positive outlook on Uber Technologies, although the reduction in the price target might reflect slight concerns or adjustments based on market conditions or company performance. This mixed signal could lead to a neutral short-term impact on the stock as investors weigh the continued endorsement against the lowered expectations.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90