Reported 1 day ago
Tigress Financial Partners has raised its price target for Uber Technologies Inc. from $103 to $110 while maintaining a Buy rating, citing strong market demand, ongoing innovations, and growth in autonomous vehicle technology. The increase follows Uber's presentation of new initiatives at the Go-Get 2025 event aimed at enhancing affordability and user experience, supported by AI advancements that improve rider-driver connections and fraud detection. Despite the positive outlook on Uber's growth, Tigress suggests that some AI stocks may offer higher returns with less risk.
Source: YAHOO