Can Uber Rocket to $90 per Share? 1 Wall Street Analyst Thinks So.

The impending acquisition of Foodpanda in Taiwan could signal the beginning of a consolidation phase for the industry leader. Uber's (UBER 1.99%) latest move to bolster its food delivery business is getting positive attention from Wall Street. The titan of ridesharing and delivery services recently announced an agreement to acquire Delivery Hero's Foodpanda delivery service in Taiwan for $950 million in cash plus a $300 million equity investment in Delivery Hero. Uber Eats already has a strong presence in T ...