B of A Securities Upgrades Lyft to Buy, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Lyft from Underperform to Buy and raised the price target from $15 to $20.

June 07, 2024 | 11:00 am
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POSITIVE IMPACT
B of A Securities has upgraded Lyft from Underperform to Buy and raised the price target from $15 to $20.
The upgrade from Underperform to Buy and the increased price target from $15 to $20 by B of A Securities is a strong positive signal for investors. This suggests increased confidence in Lyft's future performance, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100