UPDATE: Evercore ISI Assumes Uber Inc. (UBER) at Outperform

April 5, 2021 4:16 PM EDT
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Price: $55.78 +0.54%

Rating Summary:
    38 Buy, 7 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 23 | New: 28
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(Updated - April 5, 2021 4:23 PM EDT)

Evercore ISI analyst Mark Mahaney assumes coverage on Uber Inc. (NYSE: UBER) with a Outperform rating and a price target of $74.00.

The analyst comments "Ridesharing should be one of the strongest COVID recovery sectors & Online Food Delivery is a clear
COVID structural winner. Penetration for both is still low, with EBITDA breakeven in H2:21 as a catalyst."

For an analyst ratings summary and ratings history on Uber Inc. click here. For more ratings news on Uber Inc. click here.

Shares of Uber Inc. closed at $57.60 yesterday.

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Mark Mahaney