Needham Reiterates Hold on Lyft
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has reiterated a Hold rating on Lyft (NASDAQ:LYFT).
June 07, 2024 | 10:00 am
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Needham analyst Bernie McTernan has reiterated a Hold rating on Lyft. This suggests that the analyst does not see significant upside or downside potential in the short term.
The Hold rating indicates that the analyst believes Lyft's stock is fairly valued at its current price. This suggests limited short-term price movement, either up or down.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100