UBER Jul 2024 78.000 put
| Previous close | 8.07 |
| Open | 8.06 |
| Bid | 6.85 |
| Ask | 7.00 |
| Strike | 78.00 |
| Expiry date | 2024-07-12 |
| Day's range | 8.06 - 8.07 |
| Contract range | N/A |
| Volume | |
| Open interest | 20 |
- Yahoo Finance Video
Uber's ad growth potential is just like Amazon's: Analyst
Piper Sandler has raised its price target on Uber (UBER) from $86 to $88, calling the rideshare company a "sleeping giant" in its latest note. Piper Sandler Senior Research Analyst Tom Champion joins Catalysts to give insight to his call and why he is bullish on Uber. Champion claims that his excitement for Uber comes from its potential to grow in using advertising to target users like Amazon (AMZN) has done previously: "I think the way to frame this is we've seen, over the last 6 or 8 years, Amazon build this gigantic advertising juggernaut. And a lot of this is done through sponsored listings. The ability of Amazon merchants to advertise and promote their goods. And we believe that in all transaction platforms, there exists this promotional advertising opportunity in the gig economy space... with Uber's scale, which really kind of dwarfs the rest of the space, the future looks very interesting." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
Investor's Business Daily7 Best Stocks For Magnificent Earnings Growth Next Year
None of our picks is Nvidia or Apple or Tesla. Investors may wish to widen the aperture to find the best stocks for outsize earnings growth.
- Yahoo Finance Video
Uber Freight, Aurora reveal driverless trucking partnership
Piper Sandler analysts reiterated their Overweight rating on Uber (UBER), raising its price target by $2 per share. This call comes after Uber Freight announced a multi-year deal with self-driving developer Aurora Innovation (AUR). Catalysts Anchors Madison Mills and Seana Smith weigh in on Uber's price movement in the morning session after expanding its autonomous driving partnership with Aurora. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
