Uber price target raised to $100 from $95 at Raymond James

Raymond James analyst Josh Beck raised the firm’s price target on Uber (UBER) to $100 from $95 and keeps a Strong Buy rating on the shares. Uber posted a beat on delivery bookings and EBITDA while mobility came in a bit light on bookings and in-line on EBITDA, the analyst tells investors in a research note. The firm says that the autonomous vehicle narrative is “notably” positive.