Uber Named Top 2024 Mobility Pick by Wells Fargo After Big 2023 Gains, Seeing Massive Growth Ahead in Duopoly with Lyft
- Uber named a top mobility stock for 2024 by Wells Fargo after big gains in 2023
- Wells Fargo sees massive growth outlook for Uber moving into 2024
- Uber holds about 70% market share in ridesharing, Lyft around 30%
- Analyst calls it a "rational duopoly" between the top 2 players
- Fierce competition continues between Uber and Lyft for riders and drivers