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Uber (NYSE: UBER) Slides After Data Breach
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Uber (NYSE: UBER) Slides After Data Breach

Shares of Uber Technologies (NYSE: UBER) were on a downslide in pre-market trading on Friday as it investigated a cybersecurity incident. A New York Times report quoted a Uber spokesperson as saying that a hacker had hacked into an Uber employee’s workplace messaging app, Slack.

The hacker sent out a message through Slack to Uber employees that the company had suffered a data breach. According to Reuters, the hacker was able to gain access to other internal data systems of Uber.

Uber later tweeted, “We are in touch with law enforcement and will post additional updates here as they become available.” the report stated.

What is Uber Stock Prediction?

Analysts continue to be bullish about UBER with a Strong Buy consensus rating based on 24 Buys and two Holds.

UBER’s average price forecast of $47.64 implies that the stock has an upside potential of around 43.8%.

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