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Uber's stock rose after better-than-expected earnings and a price target hike by Cantor Fitzgerald.
Uber's stock increased slightly after Cantor Fitzgerald raised its price target to $80.00, keeping an "overweight" rating.
Despite mixed price target adjustments from other analysts, Uber has an overall "Moderate Buy" rating with a consensus price target of about $91.00.
Recently, Uber reported better-than-expected earnings with $1.20 EPS and a 20.4% revenue increase to $11.19 billion.
Institutional investors own 80.24% of Uber's stock.
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Las acciones de Uber subieron después de mejores ganancias de las esperadas y un aumento de precios objetivo por Cantor Fitzgerald.