Uber Inc. (UBER) Investors Didn't Get the Expected Upside...Yet - Jefferies

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Go back to Uber Inc. (UBER) Investors Didn't Get the Expected Upside...Yet - Jefferies

Analysts Remain Positive on Uber (UBER) Despite Selloff Yesterday

February 11, 2022 9:28 AM EST

Uber (NYSE: UBER) reported earnings earlier this week, followed by an Analyst Day that ended up in shares closing over 6% lower.

Analysts explained the selloff as investors simply asking for more than what the management outlined in their presentation yesterday.

Morgan Stanley analyst Brian Nowak reiterated an Overweight rating and a $72.00 per share price target.

His four key takes are: 1) Overall 24 Guide In-line.. 2)... More