Markets
Jacobs & Co. CA Buys 22,250 Shares of Uber Technologies, Inc. $UBER
Jacobs & Co. CA increased its stake in Uber Technologies by 17.4% in the second quarter, acquiring an additional 22,250 shares, bringing their total holdings to 150,313 shares valued at approximately $10.85 million. Despite some price target reductions, analysts maintain a "Moderate Buy" consensus rating for Uber, with an average price target of $104.23. Uber's recent quarterly results surpassed earnings expectations, and the company is focusing on autonomous vehicle initiatives and AI efficienc