Uber price target raised to $107 from $103 at UBS

UBS raised the firm’s price target on Uber (UBER) to $107 from $103 and keeps a Buy rating on the shares. Short-term foreign exchange “noise” is obscuring what appears to be fundamental outperformance on the road to making 2026 targets, the analyst tells investors in a research note. The firm sees the fundamental thesis that Uber is a multi-platform, steady mid-term compounder as being intact, and prefers Uber over DoorDash (DASH) and Lyft (LYFT).