JPMorgan remains bullish on Uber Technologies after meeting with management and keeps an Overweight rating on the shares with a $95 price target. Management’s tone was upbeat, expressing confidence in the path to three-year annual growth of mid-to-high teens for gross bookings, the analyst tells investors in a research note. The firm says Uber indicated that demand remains healthy in both mobility and delivery, with no notable changes since the Q2 earnings report.
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