Wedbush Maintains Neutral on Lyft, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains a Neutral rating on Lyft (NASDAQ:LYFT) and raises the price target from $15 to $18.
May 08, 2024 | 2:58 pm
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Wedbush analyst Daniel Ives 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 suggests a positive outlook on Lyft's stock value in the short term, potentially leading to increased investor confidence and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100