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Uber: Jefferies raises target price
(CercleFinance.com) - Jefferies reiterates its "buy" rating on Uber Technologies shares, having increased its target price for them from $60 to $65, which it says is a stock that remains its Top Pick " on peer-leading EBITDA growth and drivers of upside to consensus".
"UBER executed another beat/raise and broadly matched elevated buy-side expectations, delivering an acceleration in Core Bookings growth and elevated incremental margin," the broker notes. Copyright (c) 2023 CercleFinance.com. All rights reserved. The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities. |
23/05/2025 17:10
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