1 Wall Street Analyst Thinks Uber Stock Is Going to $80. Is It a Buy?
UBERUber(UBER) The Motley Fool·2024-08-09 05:18

The company is riding high after delivering a "double beat" on second-quarter results.One of this week's brighter lights on the stock exchange has been Uber Technologies (UBER 5.29%), which reported estimates-busting numbers before market open on Monday.Despite that performance, one analyst reduced his price target on the ridesharing company after those figures hit the headlines. He still feels the company's shares are a buy, however, and he might just be correct.Putting on the brakesAs the market was still ...