Uber Price Target Raised To $110 At Jefferies
Jefferies raises Uber price target to $110
UBER price target raised to $110, named a 'Franchise Pick' at Jefferies Jefferies analyst John Colantuoni raised the firm's price target on Uber to $110 from $100 and keeps a Buy rating on the shares, which the analyst is also elevating to "Franchise Pick" following "strong" earnings and "constructive" investor meetings.
As Uber delivers sustainable bookings growth and makes progress scaling U.S. autonomous vehicle operations, the firm believes "a bullish story is crystallizing for 2027," the analyst tells investors.