Wedbush analyst Daniel Ives has initiated coverage on Lyft with a Neutral rating, indicating that the stock is fairly valued at its current price. The price target of $10 suggests that there is limited upside potential in the short term. This news is directly related to Lyft and is important for investors to consider when making decisions about the stock. However, as the rating is neutral, the short-term impact on the stock price is expected to be minimal.