Uber beats lawsuit alleging race bias in driver ratings
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This gig economy name is 'a sleeping giant' when it comes to ads opportunity
June 25, 2024 11:00 PM EDTPiper Sandler analysts labeled one gig economy company a "sleeping giant" in the realm of advertising within the sector in a note this week.
Uber (NYSE: UBER) is the company in question. They point to Amazon's success in marketplace advertising, suggesting a similar lucrative opportunity exists for Uber.
"Like all two-sided marketplaces, Gig Economy names have a high-margin Advertising opportunity that AMZN has proven... More
Uber Inc. (UBER) PT Raised to $88 at Piper Sandler, 'UBER Is the Sleeping Giant'
June 25, 2024 6:48 AM EDTPiper Sandler analyst Thomas Champion raised the price target on Uber Inc. (NYSE: UBER) to $88.00 (from $86.00) while maintaining a Overweight rating.
The analyst comments "Like all two-sided marketplaces, Gig Economy names have a high-margin Advertising opportunity that AMZN has proven out. We see... More
