Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs
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Uber Inc. (UBER) PT Raised to $38 at JPMorgan
May 8, 2020 5:21 AM EDTJPMorgan analyst Doug Anmuth raised the price target on Uber Inc. (NYSE: UBER) to $38.00 (from $32.00) while maintaining a Overweight rating.
The analyst comments "Uber is the global leader in two secular growth industries, ridesharing and food delivery, and is leveraging its massive scale... More
