This Ride-Hailing Stock Has Nearly 20% Upside, According to 1 Wall Street Analyst
Investors and analysts alike have been getting into Uber Technologies (NYSE: UBER) lately, and I'm not talking about hiring the ride-hailing leader for journeys. In the space of one week the company delivered a very strong earnings report and launched its first-ever share buyback program.
There's a lot of optimism barreling down the road with Uber now, but it's still to be seen whether there's more share price appreciation left in the stock's tank.
Just after the second of those two events -- the share buyback announcement -- Deutsche Bank analyst Lloyd Walmsley made a significant increase to his Uber price target. In a fresh analyst note published Thursday he changed it to $95 per share, well above his previous estimation of $82.
Source Fool.com
Uber Technologies Inc Stock
The stock is an absolute favorite of our community with 56 Buy predictions and no Sell predictions.
With a target price of 78 € there is a positive potential of 20.89% for Uber Technologies Inc compared to the current price of 64.52 €.
