Smart Money Is Betting Big In UBER Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Uber Technologies (NYSE:UBER) options, with a notable increase in call and put activities. This suggests potential price movements between $50.0 and $90.0. Analysts maintain positive ratings with target prices ranging from $75 to $95.
June 05, 2024 | 5:15 pm
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Significant options activity in Uber Technologies (NYSE:UBER) suggests potential price movements between $50.0 and $90.0. Analysts maintain positive ratings with target prices ranging from $75 to $95.
The substantial increase in options activity, particularly in calls, indicates bullish sentiment among investors. Analysts' positive ratings and high target prices further support a potential upward movement in Uber's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100