Lyft Announces First Quarter Results

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Lyft (LYFT) PT Raised to $60 at Stifel

May 5, 2021 6:42 AM EDT

Stifel analyst Scott Devitt raised the price target on Lyft (NASDAQ: LYFT) to $60.00 (from $55.00) while maintaining a Hold rating.

The analyst commented, "Lyft reported 1Q:21 results with revenue rising +7% q/q, ahead of expectations and the company's guidance. Ride volume improved... More

Lyft (LYFT) Q1 Revenues Beat

May 4, 2021 4:08 PM EDT

Lyft (NASDAQ: LYFT) reported Q1 EPS of ($1.31), which does not compare to the analyst estimate of ($0.53). Revenue for the quarter came in at $609 million versus the consensus estimate of $558.7 million.

The improvements weve made over the last year are paying off... More