Uber Technologies, Inc. (UT8.F)
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Uber price target lowered to $95 from $99 at Truist
Truist lowered the firm’s price target on Uber (UBER) to $95 from $99 but keeps a Buy rating on the shares. The company’s Q3 results and Q4 guide were “in line plus”, showing sustained momentum across Mobility & Delivery fueled by a resilient consumer, sticky products across both offerings and operational efficiencies that helped drive record free cash flow and margins, the analyst tells investors in a research note. Uber’s gross bookings growth is decelerating, but the new Delivery & Mobility u
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Uber Reports Record Third Quarter Growth in 2024
Uber Technologies ( (UBER) ) has released its Q3 earnings. Here is a breakdown of the information Uber Technologies presented to its investors. Uber Technologies, Inc., a leader in the ride-hailing and delivery services sector, recently reported its financial results for the third quarter of 2024, marking a significant milestone in its operational history. The company, known for its expansive platform facilitating urban mobility and delivery services, is also at the forefront of integrating auto
