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M&T Bank Corp Buys 32,928 Shares of Uber Technologies, Inc. $UBER
M&T Bank Corp increased its stake in Uber Technologies by 8.2% in Q4, acquiring an additional 32,928 shares to hold a total of 432,616 shares valued at $35.35 million. Despite Uber missing Q4 EPS expectations and providing cautious Q1 guidance, analysts maintain a “Moderate Buy” rating with a $105.11 price target. The article also highlights notable insider trading activity, including a significant purchase by Uber’s CFO.