Truist Securities Maintains Hold on Lyft, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali has maintained a 'Hold' rating on Lyft (NASDAQ:LYFT) and raised the price target from $12 to $13.
November 09, 2023 | 9:40 pm
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NEUTRAL IMPACT
Lyft's price target has been raised from $12 to $13 by Truist Securities, while maintaining a 'Hold' rating.
The news is directly about Lyft and its price target being raised by Truist Securities. This indicates that the analyst sees potential for the stock's price to increase, but the 'Hold' rating suggests that they do not recommend buying or selling the stock at this time. This could lead to a neutral short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100