Arete upgrades Uber with autonomous vehicles risk seen as overdone

2 weeks ago 12

TipRanks

Thu, December 4, 2025 astatine 6:36 AM CST 1 min read

Arete upgraded Uber (UBER) to Buy from Neutral with a price target of $125, up from $82. The steadfast believes capitalist concerns implicit contention from autonomous vehicles is overdone. The autonomous conveyance providers extracurricular of Tesla (TSLA) deficiency the quality to manufacture an affordable conveyance astatine scale, the expert tells investors successful a probe note. Arete adds that with the bulk of Uber’s gross bookings coming from consumers with implicit $100,000 successful yearly income, the institution has little user spending hazard compared to peers.

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