Canaccord Genuity Maintains Buy on Lyft, Maintains $23 Price Target
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Michael Graham maintains a Buy rating on Lyft (NASDAQ:LYFT) with a $23 price target.
June 07, 2024 | 12:54 pm
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Canaccord Genuity analyst Michael Graham maintains a Buy rating on Lyft with a $23 price target, indicating confidence in the company's future performance.
The reaffirmation of a Buy rating and a $23 price target by a reputable analyst can boost investor confidence in Lyft, potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100