Deal Wed->?
Uber remains top idea after Drizly deal at Deutsche Bank 07:30 UBER Deutsche Bank analyst Lloyd Walmsley likes Uber Technologies' acquisition of Drizly, saying the deal "more firmly" moves the "super app bull case to the fore." Alcohol delivery adds another compelling product offering that can drive higher frequency and loyalty across Uber's family of products, Walmsley tells investors in a research note. He reiterates a Buy rating on Uber with an unchanged $80 price target and continues to view it as among his favorite ideas for 2021.
Uber remains top idea after Drizly deal at Deutsche Bank 07:30 UBER Deutsche Bank analyst Lloyd Walmsley likes Uber Technologies' acquisition of Drizly, saying the deal "more firmly" moves the "super app bull case to the fore." Alcohol delivery adds another compelling product offering that can drive higher frequency and loyalty across Uber's family of products, Walmsley tells investors in a research note. He reiterates a Buy rating on Uber with an unchanged $80 price target and continues to view it as among his favorite ideas for 2021.
