BofA Analysts Highlight Uber’s (UBER) Autonomous Vehicle Potential
Uber Technologies, Inc. (NYSE:UBER) ranks among the most active blue chip stocks to buy now. On January 6, BofA Securities reaffirmed its Buy rating on Uber Technologies, Inc. (NYSE:UBER) with a $119 price target, noting the company’s key position in the autonomous vehicle (AV) sector. The firm sees NVIDIA’s autonomous vehicle activities as crucial to Uber’s prospects, pointing out that NVIDIA is a powerful partner working with Uber on expediting the deployment of Level 4 autonomous technology. According ...