Goldman Sachs Maintains Neutral on Lyft, Raises Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Lyft (NASDAQ:LYFT) and raises the price target from $19 to $21.

June 07, 2024 | 3:34 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Lyft and raises the price target from $19 to $21.
The raised price target from $19 to $21 indicates a positive outlook on Lyft's stock, which could lead to a short-term price increase. However, the Neutral rating suggests that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100