This Is What Whales Are Betting On Uber Technologies
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish stance towards Uber Technologies (NYSE:UBER), with significant options activity detected. The majority of the trades are call options, indicating a positive outlook. Analysts have mixed ratings but generally maintain high price targets.

June 11, 2024 | 8:15 pm
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Significant options activity detected for Uber Technologies, with a majority of trades being bullish call options. Analysts maintain high price targets, indicating a positive outlook.
The detection of significant bullish options activity suggests that large investors are expecting positive movement in Uber's stock price. The majority of the options trades are call options, which are typically used to bet on price increases. Additionally, analysts have set high price targets, further supporting a positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100