Smart Money Is Betting Big In UBER Options
Portfolio Pulse from Benzinga Insights
Whales have taken a bearish stance on Uber Technologies (NYSE:UBER) with significant options trades indicating a price range of $40.0 to $82.5. The stock is currently trading at $70.73, down by 2.68%. Analysts have set an average price target of $91.25.
July 01, 2024 | 2:01 pm
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Whales have taken a bearish stance on Uber Technologies with significant options trades. The stock is currently trading at $70.73, down by 2.68%. Analysts have set an average price target of $91.25.
The majority of the options trades detected are bearish, indicating that large investors expect the stock price to decline. This sentiment is reflected in the current stock price drop of 2.68%. However, analysts maintain a positive outlook with an average price target of $91.25.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100