In a report issued on May 8, Ygal Arounian from Wedbush maintained a Buy rating on Uber Technologies Inc (UBER), with a price target of $65. The company’s shares closed on Friday at $41.57, close to its 52-week low of $41.06.
According to TipRanks.com, Arounian is a 3-star analyst with an average return of 6.3% and a 61.1% success rate. Arounian covers the Technology sector, focusing on stocks such as Wix.com Ltd, GrubHub, and Shopify.
Uber Technologies Inc has an analyst consensus of Moderate Buy, with a price target consensus of $59.
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The company has a one-year high of $45 and a one-year low of $41.06. Currently, Uber Technologies Inc has an average volume of 186.3M.
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Uber Technologies, Inc. operates as a technology platform for people and things mobility. The firm offers multi-modal people transportation, restaurant food delivery, and connecting freight carriers and shippers. The company was founded by Oscar Salazar Gaitan, Travis Kalanick, and Garrett Camp in 2009 and is headquartered in San Francisco, CA.
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