TD Cowen Maintains Hold on Lyft, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst John Blackledge maintains a Hold rating on Lyft (NASDAQ:LYFT) and raises the price target from $16 to $18.
June 07, 2024 | 4:42 pm
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TD Cowen analyst John Blackledge maintains a Hold rating on Lyft and raises the price target from $16 to $18.
The raised price target from $16 to $18 suggests a positive outlook on Lyft's stock, which could lead to a short-term price increase. However, the Hold rating indicates that the analyst does not see significant upside potential beyond the new target.
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