TD Cowen Maintains Hold on Lyft, Raises Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge maintains a Hold rating on Lyft (NASDAQ:LYFT) and raises the price target from $14 to $16.
May 08, 2024 | 5:08 pm
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POSITIVE IMPACT
TD Cowen maintains a Hold rating on Lyft and increases the price target from $14 to $16.
The increase in price target by TD Cowen suggests a positive outlook on Lyft's stock, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100