Uber Stock Gets Bump From Jefferies Price-Target Increase
Key TakeawaysUber Technologies shares jumped 4% in intraday trading Friday following a price-target increase from Jefferies, which set its new goal for the stock at $100, up from $95.Jefferies analysts wrote in a note Friday that Uber's Mobility division should continue to grow as the company introduces new ways to book trips, and the customer base for its existing services continues to rise.A Wedbush Securities survey posted Thursday also featured consumers saying they used Uber for all their rideshare nee ...