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Benzinga
Benzinga
Business
Priya Nigam

Why Wedbush Is Cutting The Price Target On Uber Technologies

Uber Uber Technologies Wedbush NYSE Uber Technologies Inc

Although Uber Technologies Inc’s (NYSE:UBER) Investor Day highlighted growth drivers, the company’s 2024 adjusted EBITDA target came in short of consensus, according to Wedbush.

The Uber Technologies Analyst: Ygal Arounian reiterated an Outperform rating for Uber Technologies while reducing the price target from $57 to $48.

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