Seaport Research analyst Aaron Kessler raised the firm’s price target on Uber (UBER) to $91 from $84 and keeps a Buy rating on the shares. The firm is updating its price target on the stock given its continued strong EBTIDA growth driven by scale efficiencies and solid advertising growth, the analyst tells investors
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBER:
- Uber downgraded, Rockwell Automation upgraded: Wall Street’s top analyst calls
- Uber price target raised to $94 from $82 at RBC Capital
- Uber price target raised to $100 from $90 at Needham
- Uber price target raised to $93 from $90 at Roth Capital
- Uber price target raised to $100 from $95 at Raymond James