Amid rising concerns about autonomous driving technologies, Morgan Stanley analyst Brian Nowak maintains an Overweight rating on Uber with a bullish $90 price target. Highlighting Uber's lower growth-adjusted multiple compared to competitors, Nowak underscores the potential for significant upside, driven by robust multi-product strategies and expanding market opportunities, especially in the face of competitors like Lyft and Maplebear.
The recent pace of deceleration in Starbucks same-store sales has rarely been seen "outside economy-wide crises" like the 2008 global financial crisis and the Covid era, according to BofA Securities.
Shares of Sprout Social fell Friday after reporting first-quarter financial results Thursday and sharing Q2 guidance.Cloud software company Sprout Social (NASDAQ:SPT) saw shared fell 40% Friday after reporting first-quarter financial results Thursday.
Penn Entertainment Q1 results were negatively impacted by the ESPN Bet online sports betting segment. Here's what analysts are saying about the results.