This Is What Whales Are Betting On Uber Technologies
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Uber Technologies (NYSE:UBER) by a large investor, as indicated by a large position in the company's options. The sentiment among these big-money traders is split between 56% bullish and 43% bearish. The whales have been targeting a price range from $25.0 to $60.0 for Uber over the last 3 months. Several financial institutions have maintained their positive ratings on Uber, with price targets ranging from $50 to $75.
July 19, 2023 | 6:45 pm
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A large investor has taken a bullish stance on Uber Technologies, with a significant position in the company's options. This could indicate a positive outlook for the company's stock in the short term.
The large position in Uber's options by a big investor indicates a bullish stance on the company. This, combined with the positive ratings maintained by several financial institutions, could lead to a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100