Susquehanna raised the firm’s price target on Lyft (LYFT) to $18 from $15 and keeps a Neutral rating on the shares. The firm said they reported a generally solid 1Q, and management was optimistic about the potential for European expansion, driven by its planned acquisition of FREENOW.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYFT:
- These 2 Momentum Stocks Just Got a Bullish Nod from Analysts
- Cautious Hold on Lyft Amidst Mixed Signals and Competitive Concerns
- Lyft’s Q1 2025 Earnings Call: Record Growth and Strategic Expansion
- Lyft price target raised to $21 from $18 at Piper Sandler
- Buy/Sell: Wall Street’s top 10 stock calls this week