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Could Uber's stock cruise to $70? Barclays thinks it can keep riding higher in a big way.

Por: MarketWatch Business June 24, 2023

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Shares of Uber “trade slightly below their $45 IPO price today and have yet to ‘break out’ of the range, even during the peak froth/[zero-interest-rate-phenomenon] environment,” Sandler wrote. “But with a number of catalysts on the horizon (widely anticipated [S&P 500] inclusion, potential buybacks, etc.), we wouldn’t be surprised if shares finally drifted north of the historical ranges.” Some fairly simple catalysts could drive a... + full article



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