Uber price target raised to $81 from $80 at DA Davidson

DA Davidson analyst Tom White raised the firm’s price target on Uber to $81 from $80 and keeps a Buy rating on the shares. The company reported a “solid” and “clean” Q4, with Delivery as a key standout in the quarter as gross bookings accelerated to 17% on FX-Neutral basis, the analyst tells investors in a research note.