Piper Sandler Reiterates Overweight on Lyft, Raises Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has reiterated an Overweight rating on Lyft (NASDAQ:LYFT) and raised the price target from $23 to $24.
June 07, 2024 | 2:10 pm
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Piper Sandler analyst Thomas Champion has reiterated an Overweight rating on Lyft and raised the price target from $23 to $24.
The reiteration of an Overweight rating and a slight increase in the price target from $23 to $24 by a reputable analyst is likely to have a positive short-term impact on Lyft's stock price. This indicates continued confidence in the company's performance and potential for growth.
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IMPORTANCE 80
RELEVANCE 100