Looking At Uber Technologies's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors have shown a bullish stance towards Uber Technologies (NYSE:UBER) through significant options activity. Benzinga's options scanner highlighted 10 unusual options trades, with 80% being bullish. The targeted price range for UBER is between $60.0 and $72.5. Analysts maintain a positive outlook with an average target price of $88.6.
May 30, 2024 | 2:32 pm
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Significant options activity indicates a bullish sentiment among deep-pocketed investors towards Uber Technologies. Analysts maintain a positive outlook with an average target price of $88.6.
The unusual options activity, with 80% of trades being bullish, suggests strong investor confidence in Uber Technologies. Additionally, analysts' positive ratings and high target prices further support a potential upward movement in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100