Mizuho Securities raised the price target on Uber Technologies, Inc. (NYSE:UBER) from $98.45 to $130, maintaining an Outperform rating. Analysts foresee Uber becoming a ‘multi-year compounder’ with projected CAGR from 2025-2028 of 15% for revenue, 16% for gross profit, and 25% for EPS. Uber recently partnered with Flytrex to launch drone delivery on Uber Eats in select U.S. pilot markets by the end of 2025, aiming to reduce delivery times and emissions. Bernstein also rates Uber as a Buy with a price target of $110, citing potential benefits from investments in product development and expansion efforts.

Read more at Yahoo Finance: Mizuho Securities Raises PT on Uber from $98.45 to $130, Keeps Its Outperform Rating