Uber (UBER) option IV elevated on more calls than puts into quarter results and outlook

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Uber Inc. (UBER) PT Lowered to $40 at Stifel

May 4, 2022 3:45 PM EDT

Stifel analyst Scott Devitt lowered the price target on Uber Inc. (NYSE: UBER) to $40.00 (from $48.00) while maintaining a Buy rating following earnings.

The analyst commented, "Uber reported 1Q top- and bottom-line results ahead of guidance and our / consensus expectations, and provided 2Q... More