Uber Technologies shares are trading higher after Truist Securities maintained a Buy rating in the stock and raised its price target from $88 to $99.
Portfolio Pulse from Benzinga Newsdesk
Uber Technologies shares rose following Truist Securities' decision to maintain a Buy rating and increase the price target from $88 to $99.
October 07, 2024 | 3:42 pm
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Uber Technologies shares increased after Truist Securities reaffirmed its Buy rating and raised the price target from $88 to $99.
The increase in Uber's price target by Truist Securities, along with the maintained Buy rating, suggests positive sentiment from analysts, likely boosting investor confidence and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100