Barclays Maintains Equal-Weight on Lyft, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler maintains an Equal-Weight rating on Lyft (NASDAQ:LYFT) but lowers the price target from $20 to $14.
August 08, 2024 | 6:23 pm
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Barclays analyst Ross Sandler maintains an Equal-Weight rating on Lyft but lowers the price target from $20 to $14.
The lowered price target from $20 to $14 by Barclays suggests a less optimistic outlook for Lyft's stock performance, which could lead to a short-term negative impact on the stock price.
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