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Wedbush maintains Uber Technologies at Outperform, keeps price target at $91
Wedbush maintained its Outperform rating on Uber Technologies and kept its price target at $91. The article says that target implies 30.2% upside from Uber's November 4 closing price of $69.87. Five recent analyst price targets listed range from $90 to $125.
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What happened
Wedbush maintained its Outperform rating on Uber Technologies and kept its price target at $91. The article says that target implies 30.2% upside from Uber’s November 4 closing price of $69.87. Five recent analyst price targets listed range from $90 to $125.
Confirmed
Global impact / market context
The rating and target communicate Wedbush’s view of Uber’s potential value, not a guaranteed return. If investors act on that view, buying could support the share price, while a failure to meet expectations could weaken confidence; the article gives no company operating update.
Analyst inference
The listed recent targets span $90 to $125, while Wedbush’s is $91, near the low end of that range. This shows differing analyst views, but these opinions alone do not establish Uber’s business outlook or predict how its shares will perform.
Analyst inference
What to watch
- Check whether Wedbush changes its rating or $91 target in a later note; the supplied article reports no change beyond maintaining both. Analyst inference
- Compare any future Uber operating results with expectations; the article provides no revenue, cost, or cash-flow figures to support the analyst target. Analyst inference
- Track whether later analyst targets remain within the reported $90–$125 range, since changes could indicate analysts are revising their views of Uber. Analyst inference
Evidence
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