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-0.000238791713927649 -0.00137305235508339 -0.00280580263864843 -0.00167154199749269 0.00447734463614113 0.0106859291982568 0.00829801205898147 0.00722344934630756
Stock impact report

BofA Touts Uber Technologies Inc. (UBER) Prospects in Autonomous Vehicles on Nvidia Partnership [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Uber Technologies Inc. (NYSE:UBER) and set a $119 price target. The research firm has echoed the company's positioning in the autonomous vehicle market, which is critical to its long-term prospects. Pixabay/Public Domain According to BofA Securities, a strategic partnership with Nvidia positions Uber to accelerate the adoption of Level 4 autonomous technology. It expects Nvidia's hardware and software solutions to lower barriers to entry for original equipment manufacturers, thereby benefiting the sector. Consequently, Uber would be well-positioned to purchase and lease autonomous vehicles for its network. BofA Securities also expects increased competition among autonomous vehicle manufacturers to result in more autonomous vehicles on Uber's network. More AV on Uber networks asserts the research firm's bullish stance on the stock. Likewise, analysts at Bernstein SocGen have also reiterated a positive stance on Uber stock, maintaining an outperform rating and a $115 price targe Show less Read more
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