RBC Capital Reiterates Sector Perform on Lyft, Maintains $12 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has reiterated a 'Sector Perform' rating on Lyft (NASDAQ:LYFT) and maintained a $12 price target.
September 05, 2023 | 12:26 pm
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RBC Capital has reiterated a 'Sector Perform' rating on Lyft and maintained a $12 price target.
The reiteration of the 'Sector Perform' rating by RBC Capital indicates that they believe Lyft's stock will perform in line with the average return of the others in the sector. The maintained price target of $12 suggests that RBC Capital does not foresee significant price movement in the short term.
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