Citizens Financial Group Inc. RI Increases Stake in Uber Technologies, Inc. $UBER

Citizens Financial Group Inc. RI has increased its stake in Uber Technologies by 32.1% in Q4, acquiring an additional 41,820 shares to reach a total of 172,002 shares valued at approximately $14.05 million. Despite missing Q4 EPS targets, Uber exceeded revenue expectations with $14.37 billion and has positive market sentiment due to strategic moves into in-app hotel bookings and a partnership with Hertz/Oro Mobility for robotaxi operations. Analysts currently rate Uber a “Moderate Buy” with a consensus target price of $105.14, although the company faces ongoing legal risks and execution challenges in its autonomous initiatives.

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