Analyst Expectations for Lyft's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 9 analysts have published their opinion on Lyft (NASDAQ:LYFT) stock. The average price target is $13.33, implying an upside from the current price of $9.92. However, this average has decreased by 22.99% from the previous average price target of $17.31.
September 26, 2023 | 4:00 pm
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POSITIVE IMPACT
Analysts have a somewhat bullish outlook on Lyft with an average price target of $13.33, indicating potential upside. However, the decrease in the average price target could be a concern.
The average price target set by analysts suggests a potential upside for Lyft's stock. However, the decrease in the average price target could indicate a less optimistic outlook, which might impact investor sentiment and the stock's short-term performance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100