Uber Stock Poised to Soar? Guggenheim’s $140 Price Target Explained
Guggenheim’s Bullish Outlook On Oct. 15, Guggenheim’s Taylor Manley initiated coverage of Uber (NYSE: UBER) with a Buy and a $140 price target Investing Tipranks. Manley praised Uber’s “industry-leading network, technology, and brand equity,” noting that Uber’s global multi-platform network (rideshare, Eats, Freight, etc.) is now three times larger than any rival Investing. With trailing revenue up ~18% year-over-year, Guggenheim…