Tigress Financial Maintains Buy on Lyft, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Tigress Financial analyst Ivan Feinseth has maintained a 'Buy' rating on Lyft (NASDAQ:LYFT) but lowered the price target from $60 to $22.
July 20, 2023 | 4:11 pm
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Lyft's price target has been lowered from $60 to $22 by Tigress Financial, though the 'Buy' rating is maintained.
The lowering of the price target for Lyft by Tigress Financial indicates a potential decrease in the stock's value in the short term. However, the maintained 'Buy' rating suggests that the analyst still sees potential in the company's long-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100