Cantor Fitzgerald Initiates Coverage On Lyft with Neutral Rating, Announces Price Target of $13
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has initiated coverage on Lyft with a Neutral rating and set a price target of $13.
September 05, 2024 | 2:32 pm
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NEUTRAL IMPACT
Cantor Fitzgerald has initiated coverage on Lyft with a Neutral rating and a price target of $13, indicating a cautious outlook on the stock.
The Neutral rating suggests that Cantor Fitzgerald does not expect significant upside or downside in Lyft's stock price in the near term. The price target of $13 provides a specific valuation benchmark for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100