Wells Fargo Maintains Equal-Weight on Lyft, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Lyft (NASDAQ:LYFT) but lowers the price target from $18 to $17.
June 28, 2024 | 5:22 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Lyft but lowers the price target from $18 to $17.
The lowered price target from $18 to $17 suggests a less optimistic outlook for Lyft's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100