Susquehanna analyst Shyam Patil lowered the firm’s price target on Lyft (LYFT) to $15 from $24 and keeps a Neutral rating on the shares. The firm said they reported a noisy Q4 and outlook and they continue to believe the risk/reward is balanced at current levels.
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Read More on LYFT:
- Lyft price target lowered to $16 from $27 at Mizuho
- Lyft: Vulnerable No. 2 Position and Profit-Focused Strategy Justify Hold Rating Despite Reasonable Valuation
- Lyft’s $1.75 Billion Buyback Plan Raises Questions on Execution, Cash Use, and Investor Confidence
- Lyft Inc. Earnings Call Signals Profitable Growth
- Lyft price target lowered to $17 from $19 at BofA
