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First Horizon Advisors boosts Uber holdings by 26.1%, as the company beats earnings estimates.
First Horizon Advisors Inc. increased its Uber Technologies, Inc. holdings by 26.1%, owning 7,243 shares valued at $528,000.
Uber reported earnings of $0.83 per share, surpassing estimates by $0.33, with revenue of $11.53 billion.
Analysts rate the stock as a "Moderate Buy" with a target price of $94.85.
Other firms like Avantax Planning Partners and Catalyst Capital Advisors also increased their stakes in Uber recently.
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First Horizon Advisors aumenta las acciones de Uber en un 26.1%, ya que la compañía supera las estimaciones de ganancias.