TD Cowen Maintains Market Perform on Lyft, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge has maintained a Market Perform rating on Lyft (NASDAQ:LYFT) and increased the price target from $10 to $12.
January 22, 2024 | 12:11 pm
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TD Cowen has maintained a Market Perform rating on Lyft and raised the price target from $10 to $12, indicating a positive outlook on the stock.
The increase in price target by TD Cowen suggests a more optimistic valuation of Lyft's stock, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100