Uber Technologies, Inc. (NYSE: UBER) named one of the 14 Best Large Cap Stocks to Invest In Now. RBC Capital reiterates Outperform rating with $110 price target. Positive outlook for mid to high teens growth and margin leverage. Discussions on AV strategy and capital allocation.
Mizuho also maintains Outperform rating on UBER with $130 price target. Plans for significant investment in Japan over next five years targeting taxi market. Focus on growth strategy in the region tapping into early adoption rates for taxi services and food delivery platforms.
Uber Technologies, Inc. (NYSE: UBER) is a global transportation technology company specializing in ride-hailing, courier services, food delivery, and freight transport. Mizuho and RBC Capital remain positive on UBER’s growth potential and strategic investments. Management shows commitment to sustainable growth and margin leverage.
Read more at Yahoo Finance: RBC and Mizuho Stay Positive on Uber Technologies (UBER)
