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Macquarie Reiterates Outperform Rating on Uber Inc. (UBER) as Assembly Bill 5 Gets Approved by California Committee

September 3, 2019 7:13 AM EDT

Macquarie analyst Maynard Um reiterated an Outperform rating and $51.00 price target on Uber Inc. (NYSE: UBER) as the company proposed, along side Lyft (NASDAQ: LYFT), to pay drivers a $21/hour on trip minimum wage with some benefits while maintaining... More