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Bernstein Keeps Their Buy Rating on Uber Technologies (UBER)

Tipranks - Tipranks - Wed Apr 15, 7:00AM CDT

In a report released today, Nikhil Devnani from Bernstein maintained a Buy rating on Uber Technologies, with a price target of $110.00.

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According to TipRanks, Devnani is a 3-star analyst with an average return of 5.2% and a 46.67% success rate. Devnani covers the Consumer Cyclical sector, focusing on stocks such as DoorDash, Maplebear, and eBay.

In a report released yesterday, Stifel Nicolaus also assigned a Buy rating to the stock with a $94.00 price target.

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Based on Uber Technologies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $14.37 billion and a net profit of $296 million. In comparison, last year the company earned a revenue of $11.96 billion and had a net profit of $6.88 billion

Based on the recent corporate insider activity of 107 insiders, corporate insider sentiment is neutral on the stock. Last month, Nikki Krishnamurthy, the SVP and Chief People Officer of UBER sold 30,000.00 shares for a total of $2,233,500.00.

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