Citizens reaffirmed a Market Perform rating on Uber Technologies Inc. (UBER) despite competition pressure from Waymo and Tesla. Waymo’s autonomous service is seen as not a threat due to supply constraints but could pose a risk with new driving tech. Uber counters with a robotaxi launch in Dallas.

Uber Technologies, Inc. (UBER) is a global technology company offering ride-hailing, food delivery, and freight logistics services through a smartphone app. The company recently launched a robotaxi service in Dallas, matching users with autonomous vehicles. Global Head of Autonomous, Sarfraz Maredia, expressed excitement about the launch.

Read more at Yahoo Finance: Citizens Downplays Waymo and Tesla Competition Pressure on Uber Technologies, Inc. (UBER), Asserts Market Perform Stance