What 6 Analyst Ratings Have To Say About Lyft
Portfolio Pulse from Benzinga Insights
Over the last quarter, Lyft (NASDAQ:LYFT) received 5 indifferent and 1 bearish analyst ratings. The average 12-month price target for Lyft is $10.75, with a high of $13.00 and a low of $7.00. This target has increased by 2.38% over the past month. Analyst ratings are quarterly assessments of stocks by financial experts based on company performance and forecasts.
November 14, 2023 | 3:00 pm
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NEUTRAL IMPACT
Lyft has received mostly indifferent analyst ratings with one bearish outlook, and an average price target of $10.75, which has seen a slight increase recently.
The predominance of indifferent ratings suggests a neutral short-term impact on Lyft's stock price. The slight increase in the average price target may provide a modest positive sentiment, but the presence of a bearish rating indicates caution. The impact score is neutral (0) due to mixed signals from analysts. The relevance is 100 as the article is directly about Lyft's analyst ratings. The importance is set at 75, considering that analyst ratings can influence investor sentiment and stock price, but they are not the only factor. The confidence level is at 90, acknowledging the general reliability of analyst ratings but also their subjective nature.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100