Wells Fargo Maintains Equal-Weight on Lyft, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Equal-Weight rating on Lyft (NASDAQ:LYFT) and increased the price target from $15 to $18.
April 08, 2024 | 10:04 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo has maintained its Equal-Weight rating on Lyft but raised the price target from $15 to $18.
The increase in price target by Wells Fargo suggests a positive outlook on Lyft's stock, potentially leading to increased investor confidence and a short-term rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100