Uber price target lowered to $90 from $97 at Wells Fargo

Wells Fargo lowered the firm’s price target on Uber (UBER) to $90 from $97 and keeps an Overweight rating on the shares. Drivers of mobility deceleration and the path to stabilized growth remain key debates following the quarter, the analyst tells investors in a research note. Still, Uber had a solid growth story, but will likely need another print and guide at least to ease growth fears, the firm says.