Piper Sandler Maintains Overweight on Lyft, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter has maintained an Overweight rating on Lyft (NASDAQ:LYFT) and increased the price target from $17 to $22.
March 15, 2024 | 12:00 pm
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Lyft and raises the price target from $17 to $22.
The upgrade in price target by Piper Sandler from $17 to $22 reflects a positive outlook on Lyft's stock, suggesting a potential upside. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100