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Uber price target raised to $94 from $90 at Truist

Truist analyst Youssef Squali raised the firm’s price target on Uber to $94 from $90 and keeps a Buy rating on the shares as part of a broader research note on Internet names. Truist Card Data indicates that both Uber’s Mobility and Delivery Gross Bookings are pacing ahead of consensus expectations, the analyst tells investors in a research note.

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