Bank of America Securities has raised its price target for Uber Technologies Inc. (UBER) from $97 to $115 while reiterating its “Buy” rating. The firm cited accelerating growth, supported by favorable policy developments and progress in autonomous vehicle technology.

• New Price Target: $115 (up from $97)
• Rating: Buy
• Closing Price (July 8): $97.48, up +0.80 (0.83%)
• Market Cap: ~$203.9 billion

The higher valuation reflects growing investor confidence in Uber’s ability to scale through next-gen transport initiatives and supportive regulatory momentum.