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- Nasdaq, S&P end lower as tech stocks fall
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Rescue work underway after quakes rock Venezuela, 'high casualties' likely
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
Uber Inc. (UBER) PT Raised to $82 at Deutsche Bank, 'We are very encouraged by fundamental trends'
February 8, 2024 6:20 AM ESTDeutsche Bank analyst Lloyd Walmsley raised the price target on Uber Inc. (NYSE: UBER) to $82.00 (from $58.00) while maintaining a Buy rating.
The analyst comments "Mobility gross bookings growth was strong in 4Q up 28% FXN, with particular strength in LatAm and APAC, and driven in part by growth within the non-UberX portfolio, which was up 80%... More
Uber Inc. (UBER) PT Raised to $80 at Evercore ISI
February 7, 2024 2:13 PM ESTEvercore ISI analyst Mark Mahaney raised the price target on Uber Inc. (NYSE: UBER) to $80.00 (from $75.00) while maintaining a Outperform rating.
The analyst comments "We reiterate our Outperform rating on UBER in the wake of modest Beat & Raise Q4 EPS results. $37.6B in Bookings (up 21% Y/Y ex-FX) came... More
Here's why Uber (UBER) dips 'should get bought' according to Bernstein
February 7, 2024 10:00 AM ESTBernstein analysts provided their outlook for Uber (NYSE: UBER) shares in a note this week ahead of the company's investor update, saying that the company's fundamentals now look solid.
The note, headed by analyst Nikhil Devnani, says that anyone pulling up a chart of UBER share price performance in 2023 will consider it "scary" and question what is to come next for the stock.
However, for Bernstein, which... More
