1 Beaten-Down Growth Stock That Could Bounce Back According to Wall Street
The latest round of quarterly earnings announcements has been full of ups and downs for the overall stock market. The S 500 index is down slightly since the end of March.
One component of the S 500 has done more than its fair share to pull the benchmark index down. Uber Technologies (NYSE: UBER) has fallen about 12% since the end of March.
Uber recently announced quarterly results that were less than spectacular. The disappointment hasn't stopped analysts who follow the business closely from suggesting it can outperform. The consensus price target of $87.36 per share for Uber implies a gain of about 30% from recent prices.
Source Fool.com
Uber Technologies Inc Stock
€59.24
0.590%
With 69 Buy predictions and not a single Sell prediction Uber Technologies Inc is an absolute favorite of our community.
As a result the target price of 78 € shows a positive potential of 31.67% compared to the current price of 59.24 € for Uber Technologies Inc.
