Breaking Down Lyft: 17 Analysts Share Their Views
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Lyft (NASDAQ:LYFT) over the past three months, with a recent increase in average 12-month price targets. The average target is now $19.47, up 17.57% from the previous $16.56. Analysts from firms like Goldman Sachs, Citigroup, and RBC Capital have raised their price targets, reflecting a more optimistic outlook.
May 30, 2024 | 1:00 pm
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Analysts have provided mixed ratings for Lyft over the past three months, with a recent increase in average 12-month price targets to $19.47, up 17.57% from $16.56. This reflects a more optimistic outlook from analysts.
The increase in average price targets from multiple analysts suggests a more optimistic outlook for Lyft's stock. This could lead to a positive short-term impact on the stock price as investors react to the updated targets.
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