Some U.S. city transit agencies turn to Uber as ridership drops during coronavirus crisis

Go back to Some U.S. city transit agencies turn to Uber as ridership drops during coronavirus crisis

Uber Inc. (UBER) PT Raised to $38 at JPMorgan

May 8, 2020 5:21 AM EDT

JPMorgan analyst Doug Anmuth raised the price target on Uber Inc. (NYSE: UBER) to $38.00 (from $32.00) while maintaining a Overweight rating.

The analyst comments "Uber is the global leader in two secular growth industries, ridesharing and food delivery, and is leveraging its massive scale... More