What 11 Analyst Ratings Have To Say About Lyft
Portfolio Pulse from Benzinga Insights
Over the last quarter, Lyft (NASDAQ:LYFT) has received 4 somewhat bullish and 7 indifferent analyst ratings. The average 12-month price target for the company is $12.59, a decrease of 50.47% from the previous average of $25.42. No bullish or bearish ratings were observed.
June 28, 2023 | 6:00 pm
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Lyft has received a mix of somewhat bullish and indifferent analyst ratings over the last quarter. The average 12-month price target has significantly decreased, which may impact investor sentiment.
Analyst ratings can significantly influence investor sentiment and stock prices. The decrease in Lyft's average 12-month price target suggests a less optimistic outlook, which could negatively impact the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100