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%
The stock is an absolute favorite of our community with 69 Buy predictions and no Sell predictions.
With a target price of 78 € there is a positive potential of 31.67% for Uber Technologies Inc compared to the current price of 59.24 €.
