5 Gig Economy Stocks This Analyst Thinks Will Thrive in a Recession

eBay

eBay Inc. (NASDAQ: EBAY) acts as an online auction house, and it connects buyers with sellers in the United States and internationally. The firm also offers a suite of mobile apps that connects buyers, sellers, distributors, entrepreneurs, retailers and more. Bernstein initiated coverage on eBay stock with a Market Perform rating and a $50 price target, implying upside of 13% from the most recent closing price of $44.18.

Shares of eBay were trading near $45 and have a consensus price target of $59.02. The 52-week range is $43.28 to $81.19.

DoorDash

This firm operates an online delivery platform that connects local merchants and restaurants to consumers via its delivery service. DoorDash Inc. (NYSE: DASH) operates within the United States and internationally. Bernstein started DoorDash with a Market Perform rating and a $90 price target, implying upside of 44% from the most recent closing price of $62.66.

DoorDash stock was trading around $69, in a 52-week range of $57.60 to $257.25. The consensus price target is $138.90.

Uber

Uber Technologies Inc. (NYSE: UBER) is considered the leading rideshare app in the world by both recognition and market cap. The firm has a global footprint reaching six continents, and it also has exposure to food delivery services, among other services. Bernstein resumed coverage on Uber with an Outperform rating but cut its $45 price target to $35, which still implies upside of 62% from the most recent closing price of $21.55.

Uber stock was last seen trading around $22, in a 52-week range of $21.27 to $52.36. The consensus price target is $51.82.

Originally posted at 24/7 Wall St.

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