Wells Fargo analyst Ken Gawrelski raised the firm’s price target on Uber (UBER) to $97 from $91 and keeps an Overweight rating on the shares. The firm notes Uber remains top second half of the year pick. Wells views Q2 results/Q3 guide as refuting deceleration fears, point one of bear case. The firm expects AV info on Uber partnerships and Tesla (TSLA) intentions in the next 8 weeks.
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