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Analysts Offer Insights on Industrial Goods Companies: Uber Technologies (UBER) and Fathom Digital (FATH)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Uber Technologies (UBERResearch Report) and Fathom Digital (FATHResearch Report) with bullish sentiments.

Uber Technologies (UBER)

Needham analyst Bernie McTernan reiterated a Buy rating on Uber Technologies today and set a price target of $54.00. The company’s shares closed last Friday at $31.70.

According to TipRanks.com, McTernan is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -13.3% and a 37.9% success rate. McTernan covers the Services sector, focusing on stocks such as Rush Street Interactive, Penn National Gaming, and Peloton Interactive.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $48.30 average price target, implying a 53.7% upside from current levels. In a report issued on March 28, RBC Capital also reiterated a Buy rating on the stock with a $46.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Fathom Digital (FATH)

Needham analyst James Ricchiuti maintained a Buy rating on Fathom Digital today and set a price target of $1.00. The company’s shares closed last Friday at $0.54.

According to TipRanks.com, Ricchiuti is a 5-star analyst with an average return of 13.7% and a 57.6% success rate. Ricchiuti covers the Technology sector, focusing on stocks such as Benchmark Electronics, Teledyne Technologies, and Universal Display.

Currently, the analyst consensus on Fathom Digital is a Moderate Buy with an average price target of $1.00.

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