Bullish Sentiments: Upbound Group (UPBD) and Uber Technologies (UBER) Receive Positive Analyst Ratings

Analysts are bullish on Upbound Group (UPBD) and Uber Technologies (UBER). Hoang Nguyen from TD Cowen maintains a Buy rating on UPBD with a $36.00 price target, while Nikhil Devnani from Bernstein maintains a Buy rating on UBER with a $95.00 price target. The analyst consensus for UPBD is Strong Buy with an average price target of $34.67, while UBER has a Strong Buy consensus with an average price target of $101.15, representing a 5.2% upside.

Analysts are expressing optimism about Upbound Group (UPBD) and Uber Technologies (UBER), with several influential analysts maintaining positive ratings and price targets. Hoang Nguyen from TD Cowen recently issued a report on Upbound Group, maintaining a Buy rating with a price target of $36.00. The company's shares closed last Friday at $26.22 [1]. The overall analyst consensus for Upbound Group is Strong Buy, with an average price target of $34.67 [1].

Meanwhile, Nikhil Devnani from Bernstein has a Buy rating on Uber Technologies with a price target of $95.00. The company's shares closed last Friday at $95.39 [1]. The analyst consensus for Uber Technologies is also Strong Buy, with an average price target of $101.15, representing a 5.2% upside [1].

Additionally, Ken Gawrelski from Wells Fargo updated his assessment of Uber Technologies, maintaining an Overweight rating and raising the price target to $120.00 USD, up from $100.00 USD [2]. This adjustment reflects a positive outlook for the company's potential market performance.

The one-year price targets from 46 analysts for Uber Technologies Inc (UBER) range from $76.00 to $120.00, with an average target of $97.09, suggesting an average upside of 0.33% [2]. The average brokerage recommendation from 54 firms is 2.0, indicating an Outperform status [2].

These bullish sentiments from analysts highlight the potential growth and market valuation for both Upbound Group and Uber Technologies. Investors should closely monitor these stocks for future developments and consider the insights provided by these analysts when making investment decisions.

References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/UBER/pressreleases/33374724/analysts-are-bullish-on-these-technology-stocks-upbound-group-upbd-uber-technologies-uber/
[2] https://www.gurufocus.com/news/2961673/wells-fargo-analyst-raises-price-target-for-uber-technologies-uber-uber-stock-news