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Analysts Offer Insights on Technology Companies: Uber Technologies (UBER) and Corning (GLW)

Tipranks - Wed Jul 1, 5:58AM CDT

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Uber Technologies (UBER) and Corning (GLW).

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Uber Technologies (UBER)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Uber Technologies, with a price target of $109.00. The company’s shares closed last Monday at $75.50.

According to TipRanks.com, McTernan is a 4-star analyst with an average return of 6.5% and a 48.5% success rate. McTernan covers the NA sector, focusing on stocks such as Genius Sports Limited, Zillow Group Class C, and Fiverr International. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Uber Technologies with a $108.12 average price target, a 42.3% upside from current levels. In a report issued on June 17, Rothschild & Co Redburn also maintained a Buy rating on the stock with a $112.00 price target.

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Corning (GLW)

Morgan Stanley analyst Meta Marshall maintained a Hold rating on Corning yesterday and set a price target of $180.00. The company’s shares closed last Monday at $255.69.

According to TipRanks.com, Marshall is a 4-star analyst with an average return of 5.6% and a 56.4% success rate. Marshall covers the Technology sector, focusing on stocks such as Keysight Technologies, CrowdStrike Holdings, and Motorola Solutions. ;'>

Corning has an analyst consensus of Moderate Buy, with a price target consensus of $205.10, implying a -9.6% downside from current levels. In a report issued on June 25, J.P. Morgan also maintained a Hold rating on the stock.

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