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Analysts Offer Insights on Technology Companies: T Mobile US (TMUS) and Uber Technologies (UBER)

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on T Mobile US (TMUSResearch Report) and Uber Technologies (UBERResearch Report) with bullish sentiments.

T Mobile US (TMUS)

In a report released yesterday, Douglas Mitchelson from Credit Suisse maintained a Buy rating on T Mobile US, with a price target of $165.00. The company’s shares closed last Thursday at $115.57.

According to TipRanks.com, Mitchelson is a 5-star analyst with an average return of 15.9% and a 59.6% success rate. Mitchelson covers the Services sector, focusing on stocks such as Altice Usa, ViacomCBS, and Fox.

Currently, the analyst consensus on T Mobile US is a Strong Buy with an average price target of $162.85, representing a 40.4% upside. In a report issued on January 3, J.P. Morgan also maintained a Buy rating on the stock with a $175.00 price target.

See the top stocks recommended by analysts >>

Uber Technologies (UBER)

In a report released today, Bernie McTernan from Needham maintained a Buy rating on Uber Technologies, with a price target of $75.00. The company’s shares closed last Thursday at $42.03.

According to TipRanks.com, McTernan ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -5.3% and a 40.6% success rate. McTernan covers the Technology sector, focusing on stocks such as Genius Sports Limited, Zillow Group Class C, and Fiverr International.

Currently, the analyst consensus on Uber Technologies is a Strong Buy with an average price target of $69.15, which is a 60.4% upside from current levels. In a report released yesterday, RBC Capital also maintained a Buy rating on the stock with a $65.00 price target.

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