googlenews Posted June 3, 2019 Report Share Posted June 3, 2019 Uber Poised for Bullish Initiations as Analyst Quiet Period Ends BloombergUber Technologies Inc. will probably be the focus of dozens of fresh research reports starting Tuesday after the quiet period ends for the 29 investment banks that underwrote its initial public offering last month. After a rocky debut, followed by the ride-hailing giant’s first earnings report last week, there will be plenty to weigh in on. Analysts are likely to zero in on valuation, as well as prospects for revenue growth, spending and predictions on a path to profitability. Trading about 8% below its offer price, Uber is valued at roughly 5.08 times 2019 estimated sales, a slight discoun... https://www.google.com/news Link to comment Share on other sites More sharing options...
