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.
BofA analyst reiterates Buy rating on Tesla, citing near-term catalysts like China breakthrough, Robotaxi event, new product launch, and FSD licensing. Potential for significant earnings benefit and competitive advantage.