Wedbush Maintains Neutral on Lyft, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt maintains a Neutral rating on Lyft (NASDAQ:LYFT) but lowers the price target from $19 to $12.
August 08, 2024 | 1:49 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Wedbush analyst Scott Devitt maintains a Neutral rating on Lyft but lowers the price target from $19 to $12.
The lowered price target from $19 to $12 by Wedbush suggests a less optimistic outlook for Lyft's stock performance, which could lead to a short-term decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100