DA Davidson Maintains Neutral on Lyft, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Tom White has maintained a Neutral rating on Lyft (NASDAQ:LYFT) while raising the price target from $15 to $18.
May 08, 2024 | 12:40 pm
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POSITIVE IMPACT
DA Davidson analyst Tom White maintains a Neutral rating on Lyft but raises the price target from $15 to $18.
The increase in price target from $15 to $18 by a reputable analyst could lead to positive investor sentiment towards Lyft in the short term, potentially driving the stock price up.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90