Sentiment: Positive
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Uber Stock Is Down 25%, but Guggenheim Sees a Buying Opportunity
By Trader Edge at 2026-10-29 06:50
Sentiment: Positive
TLDR Uber (UBER) stock fell about 1% on Friday to around $70. Guggenheim reiterated a Buy rating and $125 price target, about 77% upside. Analyst Taylor Manley cited growth, low valuation and a stronger autonomous vehicle roadmap. The stock is down 25% versus a 16% gain for the S&P 500, tied largely to robotaxi concerns. [...] The post Uber Stock Is Down 25%, but Guggenheim Sees a Buying Opportunity appeared first on CoinCentral. Continue reading...
Categories: News
Tags: #News #Stocks
Source Coin Central