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 an unidentified entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. 16 uncommon options trades for Uber were spotted, with sentiment split between 56% bullish and 43% bearish. Whales have been targeting a price range from $20.0 to $55.0 for Uber over the last 3 months. Needham downgraded its action to Buy with a price target of $60.

October 11, 2023 | 6:15 pm
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A significant bullish stance has been taken on Uber Technologies, indicating potential positive movement in the short term. Needham downgraded its action to Buy with a price target of $60.
The bullish stance taken by a significant entity, along with the price target set by Needham, indicates potential positive movement for Uber's stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100