BNP Paribas initiated coverage of Uber (UBER) with an Outperform rating and $108 price target Despite fears of autonomous vehicles disintermediating the business in the long-term, the firm views Uber as “a mobility and delivery winner,” even in an AV future, the analyst tells investors.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBER:
- New York DCWP says Uber, DoorDash drove $550M in delivery worker pay losses
- Delta Air Lines: Reponse to Uber partnership ‘tremendous’
- Option traders moderately bearish in Uber with shares down 1.08%
- Uber Stock (UBER) Slumps as First of Potentially Thousands of Sexual Assault Cases Begins
- Uber Updates Performance Metrics to Emphasize Non-GAAP Income
