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Uber price target raised to $108 from $107 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Uber (UBER) to $108 from $107 and keeps an Overweight rating on the shares. Uber continues to execute well on its core Rides and Eats businesses and the company has runway to sustain top-line growth in high-teens over the next several quarters, the analyst tells investors in a research note.

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