Uber Technologies (UBER) shares ended higher on Thursday even though a senior Arete Research ***** yst downgraded the ride-hailing and delivery giant to "Neutral." In his research note, Oliver Lester also reduced his price objective to $74, indicating a lack of meaningful upside in UBER from current levels.
Note that Uber stock has been a disappointment for investors in 2026, currently down about 20% versus its year-to-date high.
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