Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Uber (UBER) to $103 from $96 and keeps a Buy rating on the shares. Uber continues to benefit from strong ridership demand, along with ongoing innovation and partnerships, which will drive incremental growth, says the analyst, who notes that the firm’s raised target represents a potential return of over 40% from current levels.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
