Goldman Sachs Maintains Neutral on Lyft, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Neutral rating on Lyft (NASDAQ:LYFT) and increased the price target from $16 to $19.
May 09, 2024 | 12:46 pm
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POSITIVE IMPACT
Goldman Sachs maintains a Neutral rating on Lyft but raises the price target from $16 to $19.
The increase in price target by Goldman Sachs suggests a positive outlook on Lyft's future performance, potentially leading to increased investor confidence and a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100