Uber and Lyft's long wait for a rebound in demand signals slow economic recovery

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Go back to Uber and Lyft's long wait for a rebound in demand signals slow economic recovery

Lyft (LYFT) PT Raised to $80 at Susquehanna

February 10, 2021 6:11 AM EST

Susquehanna analyst Shyam Patil raised the price target on Lyft (NASDAQ: LYFT) to $80.00 (from $45.00) while maintaining a Positive rating.

The analyst comments "Rides recovery stagnant, but revenue per rides reaches new record. Active riders were flat q/q, ~0.9m below our estimate and... More