JMP Securities Maintains Market Outperform on Uber Technologies, Lowers Price Target to $75
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Ronald Josey maintains a Market Outperform rating on Uber Technologies (NYSE:UBER) but lowers the price target from $80 to $75.
May 20, 2024 | 12:52 pm
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NEUTRAL IMPACT
JMP Securities maintains a Market Outperform rating on Uber Technologies but lowers the price target from $80 to $75.
The Market Outperform rating suggests continued confidence in Uber's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100