Uber Technologies Inc. (NYSE: UBER) is considered one of the best debt-free stocks to buy now, with analyst Brian Nowak setting a $110 price target and reaffirming a Buy rating. The market may undervalue Uber, particularly in comparison to Lyft, according to Nowak’s analysis. BNP Paribas also initiated coverage with an Outperform rating and $108 price target, citing Uber as a “mobility and delivery winner.” Uber operates globally in transportation, delivery, and logistics through its Mobility, Delivery, and Freight segments. Analysts expect volatility in Uber’s share price due to autonomous vehicle development, but do not foresee significant financial impact for the next two years.
Read more at Yahoo Finance: Market is Undervaluing Uber Technologies’ (UBER) Core Mobility Business, Morgan Stanley Says
