Uber Vs. Tesla? Maybe Not — Analysts Say Autonomous Vehicles 'Will Be Market Expanding'

Benzinga · 04:12

ATesla Inc.(NASDAQ:TSLA) Robotaxi Day event could significantly impactUberTechnologies' (NYSE:UBER) stock price and future valuation. Analysts outline both the bullish and bearish scenarios, explaining how Tesla's event could benefit Uber's long-term growth and boost the valuation of the autonomous vehicle sector.

The Uber Analysts:Bank of America analysts Justin Post and Michael McGovern reiterate a Buy rating with an $88 price target on Uber ahead of Tesla's Robotaxi Day.

The Uber Bull Case:The analysts see Tesla's Robotaxi Day increasing the value of Uber's network, which could provide a...

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Uber Vs. Tesla? Maybe Not — Analysts Say Autonomous Vehicles 'Will Be Market Expanding'

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