Shares of Uber have plunged more than 30% since the ride-hailing company went public in May, but some analysts believe that 2020 is going to be a different story entirely.
On Friday Stifel upgraded Uber to a buy rating saying the stock is “turning the corner,” while SunTrust said it’s their “favorite transportation disruptor of 2020.” SunTrust believes there’s 90% upside ahead for the stock.
This article was originally published by Cnbc.com. Read the original article here.