Reported 2 days ago
Stifel has assigned a 'Buy' rating to Uber Technologies, Inc. (NYSE: UBER) with a price target of $110, projecting a nearly 27% upside as the company aims to meet 2024 growth targets. Uber's recent acquisition of Crown Taxi in Taiwan is poised to strengthen its market presence, pending regulatory approval. Analysts highlight the blend of AI and technology, positioning Uber not just as a transport provider but as an innovative business poised for sustainable growth.
Source: YAHOO