Lyft’s (LYFT) partnerships and robotaxi plans indicate a steady path forward, UBS tells investors in a research note. The firm has a Neutral rating and $15 price target on the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYFT:
- Tesla Robotaxis to Shake Up New York City’s Yellow Taxi Industry
- Lyft Co-Founders Resign, Sean Aggarwal Becomes Chair
- Lyft names Sean Aggarwal as Board Chair
- Lyft’s Earnings Call Highlights Record Growth and Strategic Expansion
- Market sent ‘mixed signals’ after Tesla Robotaxi updates, says Guggenheim