RBC Capital Reiterates Outperform on Lyft, Maintains $24 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has reiterated an Outperform rating on Lyft (NASDAQ:LYFT) and maintained a $24 price target.
June 07, 2024 | 2:40 pm
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RBC Capital analyst Brad Erickson has reiterated an Outperform rating on Lyft and maintained a $24 price target.
The reiteration of an Outperform rating and a maintained price target of $24 by RBC Capital is a positive signal for investors, suggesting confidence in Lyft's future performance. This could lead to a short-term increase in the stock price.
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