Form 4 Lyft, Inc. For: Feb 04 Filed by: Paul Elaine

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Go back to Form 4 Lyft, Inc. For: Feb 04 Filed by: Paul Elaine

Lyft (LYFT) PT Lowered to $54 at Susquehanna

February 9, 2022 6:23 AM EST

Susquehanna analyst Shyam Patil lowered the price target on Lyft (NASDAQ: LYFT) to $54.00 (from $80.00) while maintaining a Positive rating following results.

The analyst commented, "Omicron has unsurprisingly impacted ridesharing demand, driving the 1Q guide below expectations. However, LYFT is still cautiously optimistic that... More