Lyft Inc. (LYFT) Stock Is Emerging from the Clouds

Wedbush raised the price target for the Lyft Inc. (NASDAQ:LYFT) stock to ‘an Outperform’. The rating was released on June 29, 2023, according to finviz. We previously noted in another research note published on May 24, 2023 by Bernstein that initiated the stock to a Mkt perform with a price target of $22 for LYFT stock. The research report from Susquehanna has downgraded the stock from Positive to Neutral, with a price target set at $25. The stock was initiated by Deutsche Bank, who disclosed in a research note on March 11, 2023, to Hold and set the price objective to $43.