Uber loses challenge to California gig work law in US appeals court

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Go back to Uber loses challenge to California gig work law in US appeals court

Uber Inc. (UBER) PT Raised to $96 at Citi

June 11, 2024 5:43 AM EDT

Citi analyst Ronald Josey raised the price target on Uber Inc. (NYSE: UBER) to $96.00 (from $93.00) while maintaining a Buy rating.

The analyst comments "Following our NDR with Uber CFO, Prashanth Mahendra-Rajah, and VP, Investor Relations & Corporate Finance, Deepa Subramanian, in the Middle... More

BofA Securities Reiterates Buy Rating on Lyft (LYFT)

June 11, 2024 5:26 AM EDT

BofA Securities analyst Michael McGovern reiterated a Buy rating and $20.00 price target on Lyft (NASDAQ: LYFT).

The analyst comments "Today, gig-companies lost a federal appeal to the 9th circuit US Court of Appeals whereby they argued that the California state legislatures Assembly Bill 5 unconstitutionally egregiously targets gig-economy network companies and irrationally discriminates against those... More