Credit Suisse Maintains Outperform on Lyft, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Stephen Ju has maintained an 'Outperform' rating on Lyft (NASDAQ:LYFT), but lowered the price target from $23 to $18.
August 09, 2023 | 12:54 pm
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NEUTRAL IMPACT
Credit Suisse has maintained an 'Outperform' rating on Lyft, but lowered the price target from $23 to $18.
The news is directly related to Lyft and is likely to impact its stock price. While the 'Outperform' rating is positive, the lowering of the price target may have a negative effect. The net impact is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100