Wells Fargo analyst Ken Gawrelski raised the firm’s price target on Uber (UBER) to $90 from $87 and keeps an Overweight rating on the shares. Stronger International mobility and delivery is offsetting some U.S. mobility weakness, leaving estimates largely unchanged, the firm says. Wells expects a momentous Q2, with forthcoming expected June launch of Tesla (TSLA) robotaxi service in Austin and Uber’s Go-Get product event in May.
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