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Fly News Breaks for February 25, 2020
Feb 25, 2020 | 08:55 EDT
Loop Capital analyst Rob Sanderson raised his price target on Uber to $47 and kept his Buy rating, adjusting his model to reflect accelerated profit trajectory. The analyst adds that improvement in unit economics and a focus on profitable growth are the top priority in the ride sharing industry, and he is positive on the company's transparency regarding its strategic focus this year. Sanderson further cites Uber's expected "material improvement" in the take-rate and narrowing of loss margin in its Uber Eats business.
News For UBER From the Last 2 Days
Jan 15, 2022 | 09:15 EDT
TPG raised $1B in its initial public offering after pricing its IPO at a $9B valuation. The company goes... To see the rest of the story go to See Story Here