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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Uber has a long runway for growth, Lyft profit constrained and DoorDash share gains to slow — Jefferies
January 9, 2023 11:07 AM ESTJefferies analyst John Colantuoni assumed Uber (NYSE: UBER) with a Buy rating, Lyft (NASDAQ: LYFT) with a Hold rating, and initiated DoorDash (NYSE: DASH) with an Underperform rating in a note to clients on Monday morning.
The analyst also cut the firm's price target for Uber to $38 from $50 per share and Lyft to $12 from $16 while setting a $37 price target for DoorDash.
"We... More
DoorDash downgraded, Uber upgraded at Piper Sandler with vehicle prices near all-time highs
January 9, 2023 10:39 AM ESTPiper Sandler analyst Alexander Potter upgraded Uber (NYSE: UBER) to Overweight from Neutral and downgraded DoorDash (NYSE: DASH) to Underweight from neutral in a note to clients Monday.
He also raised the price target on Uber to $33 from $31 and slashed DoorDash's price target to $40 per share from... More
Jefferies Assumes Uber Inc. (UBER) at Buy
January 9, 2023 6:24 AM ESTJefferies analyst John Colantuoni assumes coverage on Uber Inc. (NYSE: UBER) with a Buy rating and a price target of $38.00.
The analyst comments "Buy UBER on upside to consensus and improving sentiment on profitability: We estimate UBER's core Rideshare/Restaurant Delivery businesses each operate in ~$1 trillion addressable... More
