RBC Capital Maintains Sector Perform on Lyft, Raises Price Target to $12
Portfolio Pulse from jenniferd'souza@benzinga.com
RBC Capital analyst Brad Erickson has maintained a 'Sector Perform' rating on Lyft (NASDAQ:LYFT) and raised the price target from $9 to $12.
August 09, 2023 | 2:59 pm
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Lyft's price target has been raised from $9 to $12 by RBC Capital, maintaining a 'Sector Perform' rating.
The news of RBC Capital raising the price target for Lyft from $9 to $12 while maintaining a 'Sector Perform' rating is likely to be seen as a positive signal by the market. This could potentially lead to an increase in the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100