Benchmark Initiates Coverage On Lyft with Hold Rating
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Michael Ward has initiated coverage on Lyft with a Hold rating, indicating a neutral stance on the stock.
October 25, 2024 | 1:53 pm
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Benchmark analyst Michael Ward has initiated coverage on Lyft with a Hold rating, suggesting a neutral outlook on the stock.
The Hold rating from Benchmark suggests that the analyst does not see significant upside or downside in Lyft's stock in the short term. This neutral stance may lead to limited immediate impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100