Uber (UBER) Stock Fair Value Edges Lower As Analysts Weigh AV Spending And Delivery Hero

Uber Technologies has seen its fair value estimate adjusted from about US$104.48 to about US$101.50 per share, which signals a more measured stance on upside from current levels. Most analysts are fine tuning targets within ranges such as US$90 to US$100 and US$110 to US$115, reflecting mixed but generally constructive views rather than a reset of the overall story. As you read on, you will see how these shifting targets, recent deals and the autonomous vehicle narrative fit together and how...