BMO Capital Maintains Market Perform on Lyft, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz maintains a Market Perform rating on Lyft (NASDAQ:LYFT) and raises the price target from $15 to $18.

May 08, 2024 | 3:14 pm
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BMO Capital analyst Brian Pitz maintains a Market Perform rating on Lyft and raises the price target from $15 to $18.
The increase in Lyft's price target by BMO Capital suggests a positive outlook on the company's future performance, potentially leading to a short-term increase in stock price. The maintenance of a Market Perform rating indicates a neutral long-term view, but the raised target price signals confidence in near-term growth.
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