UBS Maintains Neutral on Lyft, Raises Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Lloyd Walmsley maintains a Neutral rating on Lyft and raises the price target from $12 to $13.
October 18, 2024 | 2:05 pm
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UBS analyst Lloyd Walmsley maintains a Neutral rating on Lyft, indicating no strong buy or sell recommendation, but raises the price target from $12 to $13, suggesting a slight positive outlook.
The increase in price target from $12 to $13 by UBS suggests a slightly improved outlook for Lyft, which could lead to a minor positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong reason to buy or sell the stock at this time.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100