Uber, Cruise partner to bring self-driving vehicles to ride-hailing platform

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Go back to Uber, Cruise partner to bring self-driving vehicles to ride-hailing platform

BofA Securities Reiterates Buy Rating on Uber Inc. (UBER)

August 26, 2024 5:31 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $88.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "Uber highlighted New Vertical products as key drivers for long-term growth (we est. New Verticals will contributed about 6ppts to Mobility... More

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