Information Provided By: 
Fly News Breaks for February 28, 2020
UBER
Feb 28, 2020 | 06:13 EDT
KeyBanc analyst Edward Yruma initiated coverage of Uber Technologies with an Overweight rating and $48 price target. A "more benign" competitive environment and internal initiatives at both companies in Ridesharing put them at the early stages of an upward earnings revision cycle, Yruma tells investors in a research note. He believes profitability growth, not revenue growth, will be the driver of stock performance in the Marketplaces category.
News For UBER From the Last 2 Days
UBER
Apr 24, 2024 | 07:48 EDT
Jefferies raised the firm's price target on Uber to $103 from $100 and keeps a Buy rating on the shares. Results should display continued focus on using non-core investments to drive elevated GBV growth, though avoiding a material drop in incremental margins is key to keep investors positive, the analyst tells investors in a preview note for the U.S. Internet group.
