Wells Fargo Maintains Equal-Weight on Lyft, Lowers Price Target to $12
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 $17 to $12.
August 08, 2024 | 1:28 pm
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Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Lyft but lowers the price target from $17 to $12.
The lowered price target from $17 to $12 by Wells Fargo 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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