Atlantic Equities Upgrades Uber Inc. (UBER) to Overweight
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June 4, 2019 5:59 AM EDT
Canaccord Genuity analyst Michael Graham initiates coverage on Uber Inc. (NYSE: UBER) with a Buy rating and a price target of $55.00.
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 $41.72 yesterday.
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June 4, 2019 4:20 AM EDT
Citi analyst Mark May initiates coverage on Uber Inc. (NYSE: UBER) with a Neutral rating and a price target of $45.00.
Comes out sidelined as DCF model analysis yields a fair valuation that fails to warrant a Buy rating."The...
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June 4, 2019 4:19 AM EDT
Mizuho Securities analyst James Lee initiates coverage on Uber Inc. (NYSE: UBER) with a Buy rating and a price target of $50.00.
The analyst comments "Uber has a category-leading position in ridesharing, which makes up nearly 70% of its overall TAM of nearly $6tn. The current... More
June 4, 2019 4:03 AM EDT
(Updated - June 4, 2019 6:52 AM EDT)
(updated to add analyst comments)
RBC Capital analyst Mark Mahaney initiates coverage on Uber Inc. (NYSE: UBER) with a Outperform rating and a price target of $62.00.
The analyst commented, "Uber is the leading global player in... More
June 4, 2019 3:54 AM EDT
JMP Securities analyst Ronald Josey initiates coverage on Uber Inc. (NYSE: UBER) with a Market Outperform rating and a price target of $54.00.
The analyst comments "With shares of Uber down 8% since its IPO on May 10 (vs. S&P 500 -5%) on concerns around decelerating growth,... More
May 31, 2019 7:02 AM EDT
Susquehanna analyst Shyam Patil reiterated a Neutral rating and $42.00 price target on Uber Inc. (NYSE: UBER) following the company's 1Q earnings report. There were no surprises for 1Q, given the preliminary results, though the company chose not to provide forward looking guidance.... More
May 30, 2019 4:08 PM EDT
Uber (NYSE: UBER) reported Q1 revenue of $2.76 billion, versus $2.42 billion reported last year.
Adjusted EBITDA loss of $869 Million
41% YoY growth of Gross Bookings in Q1 2019 (at constant currency and excluding the impact of our 2018 Divested Operations):Demonstrating the power of our Platform, total company gross bookings grew 41% YoY (at constant currency and excluding the impact of divestitures that closed in Q1 2018) similar to Q4 2018s 43% YoY. Foreign currency negatively impacted reported gross bookings growth by 7% in Q1 2019 and 6% in Q4 2018.Core Platform loyalty program launched nationally in the US: Uber...
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