Uber shares trade 44% below Wall Street consensus target; Evercore analyst Mark Mahaney sees stock nearly doubling to $150
Uber shares are trading at $71.10, well below the Wall Street consensus 12-month price target of $102.13. Evercore ISI analyst Mark Mahaney, whose $150 price target stands as the active Street high, believes the stock could roughly double from current levels. Uber's stock has slid over 30% from its 52-week high, with a 7% drop in the past week, despite posting 22% gross bookings growth and crossing $10 billion in trailing free cash flow.
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