Uber price target raised to $73 from $68 at BofA

BofA analyst Justin Post raised the firm’s price target on Uber to $73 from $68 and keeps a Buy rating on the shares. For Q4, the firm expects bookings and EBITDA of $37.2B, and $1.24B, respectively, which it notes is a bit above the Street view with slight upside driven by Mobility. The firm, which notes that its estimates are above the Street’s for Q1 also, sees Uber as offering “one of the best 3-5 year growth profiles in the Internet sector,” with potential for mid-to-high teens bookings growth and 30% EBITDA growth.