Loop Capital Maintains Buy on Uber Technologies, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
Loop Capital maintains a Buy rating on Uber Technologies but lowers the price target from $88 to $83.
May 16, 2024 | 5:50 pm
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NEUTRAL IMPACT
Loop Capital maintains a Buy rating on Uber Technologies but lowers the price target from $88 to $83.
The Buy rating suggests continued confidence in Uber's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100