JP Morgan Maintains Neutral on Lyft, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains a Neutral rating on Lyft (NASDAQ:LYFT) but lowers the price target from $18 to $15.

August 08, 2024 | 4:17 pm
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JP Morgan analyst Doug Anmuth maintains a Neutral rating on Lyft but lowers the price target from $18 to $15.
The lowered price target from $18 to $15 by a major financial institution like JP Morgan suggests a less optimistic outlook for Lyft's stock performance, likely leading to a short-term negative impact on the stock price.
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