https://finance.yahoo.com/news/uber-apos-first-wall-street-214056879.html

Uber plans to raise as much as $9 billion next week in what is expected to be the biggest initial public offering so far this year. The San Francisco-based company is offering 180 million shares at $44 to $50 apiece, according to a regulatory filing last week.

D.A. Davidson took a more cautious approach in initiating coverage on Wednesday with a neutral rating and $53 price target. Uber’s revenue growth opportunities are counterbalanced by an "uncertain" path to profits and shrinking margins, analyst Tom White wrote in a research note.