UBER Stock Rises Overnight: Rosenblatt Calls Uber A ‘Durably Compounding Platform’, Sees 32% Upside
Rosenblatt sees Uber as having strong long-term growth potential as AI becomes more widely used in software development. Rosenblatt set a $100 price target for Uber and sees the recent stock decline as an attractive entry point. The firm views autonomous vehicles as a longer-term concern while expecting Uber’s core businesses to support sustainable growth. … Read more