Truist Securities Maintains Hold on Lyft, Raises Price Target to $13-Report released on 8th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali maintains a 'Hold' rating on Lyft (NASDAQ:LYFT) and raises the price target from $12 to $13.
November 09, 2023 | 10:37 pm
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Truist Securities maintains a 'Hold' rating on Lyft and raises the price target from $12 to $13.
The news is directly about Lyft and is relevant as it involves a price target revision by a known analyst. The 'Hold' rating suggests that the analyst does not expect significant price movement in the short term, hence the neutral score. The importance is moderate as price targets can influence investor sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100