OUTLOOK FOR UBER
Financial services firm Wells Fargo named UBER $UBER+0.0% stock one of its top picks for 2024.
Despite high marketing costs, it believes that revenue and EBITDA will be able to offset these costs. In addition, Wells Fargo believes that UBER has enough capital to buy 20% of its market capitalization over the next 3 years.
The company expects $UBER+0.0% to disclose its buyback plan in the first half of 2024.
Do you like $UBER+0.0% 's business and would you consider buying on such a plan?