Uber and Cruise to Deploy Autonomous Vehicles on the Uber Platform

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Deutsche Bank Reiterates Buy Rating on Uber Inc. (UBER)

August 23, 2024 5:40 AM EDT

Deutsche Bank analyst Lloyd Walmsley reiterated a Buy rating and $95.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "Last night, Uber and GM-owned Cruise announced a multi-year autonomous partnership, whereby Uber will start offering customers the option to select selfdriving Cruise vehicles. The partnership will begin in an undisclosed city where Uber does not currently have an existing AV partnership (these... More