Uber price target raised to $60 from $55 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on Uber to $60 from $55 and keeps a Positive rating on the shares. The firm said they put up another solid quarter and outlook, continuing the momentum of strong top-line trends combined with improving operating leverage and they continue to like the business, positioning, and large opportunities ahead.