'One of our favorite stocks in 2020': Uber reports earnings today after market close. Here's what 4 Wall Street analysts are talking about.

Price target: $50

Rating: Buy

"We see further room for Uber's shares to run," despite a strong 30% year to date gain, Lloyd Walmsley of Deutsche Bank wrote in a Wednesday note.

"We continue to think that the broader competitive trends globally across Uber's business generally speaking still trend in the right direction," he wrote, adding, "we think that Uber is better positioned than Lyft to weather short-term changes in any given market/ product."

Price Target: $51

Rating: Overweight

"We think investor expectations have increased slightly, as evident in the recent stock movement," Doug Anmuth of JPMorgan wrote in a January 31 note initiating coverage of Uber.

JPMorgan expects strong growth from Uber, driven by its network of drivers, top positions in ridesharing and food delivery, and "faster-than-expected" rationalization of the US ridesharing and food delivery markets.

Price Target: $56

Rating: Buy

"We expect in line-to-slightly better than expected" results, Youssef Squali of SunTrust Robinson Humphrey wrote in a note Tuesday.

"An easing competitive environment across NA and the divestiture of Eats India should power strong results and guidance for Uber relative to expectations. We continue to believe that SoftBank's funding strategy in certain markets is unsustainable, which should drive more rationalization in LATAM throughout the year."

"Uber remains one of our favorite stocks in 2020."