Uber stock edges higher today as Evercore keeps $150 target and NYC tipping rules hit delivery apps
Uber shares rose 0.4% to $82.61 Monday as investors weighed the impact of robotaxis and new NYC tipping rules. Evercore ISI reiterated its Outperform rating and $150 target, citing Uber’s autonomous partnerships but warning of risks from rival networks. DoorDash warned NYC’s tipping mandate could hurt small business orders. Uber will report Q4 results on Feb. 4.