In a report released today, Andrew Boone from JMP Securities maintained a Buy rating on Uber Technologies (UBER – Research Report), with a price target of $85.00. The company’s shares closed yesterday at $81.39.
According to TipRanks, Boone is a 4-star analyst with an average return of 5.2% and a 51.25% success rate. Boone covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and DoorDash.
Uber Technologies has an analyst consensus of Strong Buy, with a price target consensus of $84.33, implying a 3.61% upside from current levels. In a report released yesterday, Needham also maintained a Buy rating on the stock with a $90.00 price target.
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The company has a one-year high of $81.87 and a one-year low of $29.22. Currently, Uber Technologies has an average volume of 31.85M.
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Uber Technologies (UBER) Company Description:
Founded in 2009, Uber Technologies, Inc. is a San Francisco, California-based transportation networking company that offers a ride-hailing service. It also has a food order and delivery business called Uber Eats, and a freight transportation business called Uber Freight.
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