Uber sees profit by end of 2020, but still expects full-year loss
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UPDATE: MKM Partners Upgrades Uber Inc. (UBER) to Buy
February 7, 2020 7:45 AM EST(Updated - February 7, 2020 9:15 AM EST)
(updated to add analyst comments)
MKM Partners analyst Rohit Kulkarni upgraded Uber Inc. (NYSE: UBER) from Neutral to Buy with a price target of $45 (from $34).
The analyst commented, "Uber reported a somewhat mixed quarterly result with Bookings, Take Rate, Revenue, and Adj. EBITDA coming in above... More
Uber Inc. (UBER) PT Raised to $49 at Goldman Sachs
February 7, 2020 7:20 AM ESTGoldman Sachs analyst Heath Terry raised the price target on Uber Inc. (NYSE: UBER) to $49.00 (from $44.00) while maintaining a Buy rating.
... MoreUber Inc. (UBER) PT Raised to $52 at Wedbush
February 7, 2020 7:19 AM ESTWedbush analyst Ygal Arounian raised the price target on Uber Inc. (NYSE: UBER) to $52.00 (from $50.00) while maintaining a Outperform rating.
... MoreUber Inc. (UBER) PT Raised to $56 at Needham & Company
February 7, 2020 7:15 AM ESTNeedham & Company analyst Brad Erickson raised the price target on Uber Inc. (NYSE: UBER) to $56.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "UBER's report highlighted continued strong execution and while the top-line guidance was a little light of expectations, meaningfully better... More
Uber Inc. (UBER) PT Lowered to $59 at RBC Capital
February 7, 2020 6:21 AM ESTRBC Capital analyst Mark Mahaney lowered the price target on Uber Inc. (NYSE: UBER) to $59.00 (from $64.00) while maintaining an Outperform rating.
The analyst commented, "Uber reported Strong Q4 results, w/ Bookings, Net Revenue & EBITDA all solidly above RBC/Street. Rides segment revealed significant... More
