Uber price target lowered to $125 from $126 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Uber (UBER) to $125 from $126 and keeps a Buy rating on the shares. The firm maintains its view that over the next 12-18 months, Uber looks to be well positioned against key themes surrounding the ability to scale end-markets, increase profitability levels, and execute against the platform cross-sell/flywheel opportunity, which should result in investors revisiting the mix of growth, margins and free cash flow that Uber can generate in the years ahead, the analyst tells investors in a research note.