Why Uber Stock Was a Winner on Wednesday
Uber Technologies (NYSE: UBER) stock stayed in the fast lane a day after the company delivered a strong first-quarter earnings report. On Wednesday, a clutch of analysts either upgraded their ratings on the ridesharing giant or applied the gas pedal to their price targets. As a result, Uber shares closed the day nearly 4% higher.
As if competing for the last ride home from a popular destination, analysts fell over themselves to upgrade their takes on Uber Wednesday.
One of the more enthusiastic prognosticators was Susquehanna Research's Shyam Patil, who upgraded his recommendation on the stock to positive (i.e., buy) from his previous neutral. He also cranked his price target on the shares from $40 apiece to $48.
Source Fool.com
Uber Technologies Inc Stock
€59.42
0.680%
With 78 Buy predictions and 3 Sell predictions Uber Technologies Inc is one of the favorites of our community.
As a result the target price of 92 € shows a very positive potential of 54.83% compared to the current price of 59.42 € for Uber Technologies Inc.
