Wedbush Maintains Neutral on Lyft, Raises Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives has maintained a Neutral rating on Lyft (NASDAQ:LYFT) and increased the price target from $12 to $14.
December 27, 2023 | 2:10 pm
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POSITIVE IMPACT
Wedbush analyst Daniel Ives maintains a Neutral rating on Lyft but raises the price target from $12 to $14, indicating a potential upside from the previous target.
The increase in price target by Wedbush suggests a positive outlook on Lyft's stock value in the short term. While the rating remains Neutral, the raised target may lead to increased investor confidence and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100