Lyft shares are trading higher amid broader market strength. Wedbush initiated coverage on the stock with a Neutral rating and $10 price target.
Portfolio Pulse from Benzinga Newsdesk
Lyft shares are trading higher amid broader market strength. Wedbush initiated coverage on the stock with a Neutral rating and a $10 price target.
June 06, 2023 | 7:56 pm
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POSITIVE IMPACT
Wedbush initiates coverage on Lyft with a Neutral rating and a $10 price target, causing shares to trade higher.
Lyft shares are trading higher due to the initiation of coverage by Wedbush with a Neutral rating and a $10 price target. This news directly impacts Lyft's stock price in the short term as it reflects a positive outlook from a reputable analyst firm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100