U.S. Stock Alert | Uber (UBER.US) rises more than 3%, Fuguo Group maintains a "buy" rating and raises target price to $120.

Wisdom Finance app learned that on Monday, Uber (UBER.US) rose more than 3% to $96.77. Analyst Ken Gawrelski from Fidelity Group maintained a "buy" rating for Uber and raised the target price from $100 to $120. Uber announced on June 25th that it will expand its partnership with Waymo and officially launch its Robotaxi service in Atlanta. Analysts pointed out that with the improvement of artificial intelligence in autonomous driving capabilities, competition in this area will intensify, revealing the value of Uber's network; Uber's large and growing user base will help it negotiate with potential autonomous driving partners.