Susquehanna has a neutral rating on the stock and a price target of $42 per share.
Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company's initial public offering on the floor of the New York Stock Exchange, May 10, 2019.is a revolutionary company, but don't rush to buy the stock, Susquehanna Financial Group said Tuesday.
Since ride-hailing company Uber went public on the New York Stock Exchange in the most highly anticipated IPO of the year earlier this month, investors have debated the company's success trajectory, especially if and when Uber will become profitable.
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