This Is What Whales Are Betting On Lyft
Portfolio Pulse from Benzinga Insights
Large investors are taking a bearish stance on Lyft (NASDAQ:LYFT) based on recent options trading data. Benzinga's options scanner identified 10 significant options trades, with 60% of the sentiment being bearish. The trades suggest a focus on a price range between $2.5 and $22.0 for Lyft. Analysts have mixed ratings, with price targets ranging from $18 to $23.
June 10, 2024 | 5:16 pm
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NEGATIVE IMPACT
Large investors are showing a bearish sentiment towards Lyft, with 60% of recent options trades being negative. Analysts have mixed ratings, with price targets ranging from $18 to $23.
The majority of recent options trades for Lyft are bearish, indicating that large investors expect the stock price to decline. This sentiment is supported by mixed analyst ratings and a current stock price of $15.44, which is down 1.03%.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100