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Royal Bank of Canada reissued their outperform rating on shares of Uber Technologies (NYSE:UBER – Free Report) in a research note published on Tuesday morning, Benzinga reports. They currently have a $80.00 price objective on the ride-sharing company’s stock. A number of other analysts have also recently weighed in on the stock. Moffett Nathanson reaffirmed […]
Westwood Wealth Management decreased its holdings in Uber Technologies, Inc. (NYSE:UBER – Free Report) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 46,700 shares of the ride-sharing company’s stock after selling 3,025 shares during the quarter. Uber Technologies accounts for approximately […]
Uber Technologies unveiled a raft of measures on Wednesday, including a tie-up to offer cruises on the Seine river as it looks to meet explosive demand stemming from the upcoming Olympics in Paris, Reuters reported. The ride-hailing platform will offer its "Uber Cruises" free of charge from July 12 to August 3, and customers can also book a day trip. Uber also plans to make a "significant" investment in driver incentives and discounts for riders.
Weiss Asset Management LP bought a new position in shares of Uber Technologies, Inc. (NYSE:UBER – Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 11,150 shares of the ride-sharing company’s stock, valued at approximately $687,000. Other hedge funds have also recently modified their holdings […]
PIF said the new company, Neo Space Group, will invest in local and international assets and capabilities, as well as venture capital opportunities.