Truist Securities Maintains Hold on Lyft, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali maintains a Hold rating on Lyft (NASDAQ:LYFT) but lowers the price target from $18 to $13.
August 08, 2024 | 12:46 pm
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Truist Securities analyst Youssef Squali maintains a Hold rating on Lyft but lowers the price target from $18 to $13.
The lowered price target from $18 to $13 by Truist Securities suggests a less optimistic outlook for Lyft's stock performance, which could lead to a short-term decline in its stock price.
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