Lyft (LYFT) announces restructuring, will cut 1% staff
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BTIG Reiterates Neutral Rating on Lyft (LYFT)
September 4, 2024 4:08 PM EDTBTIG analyst Jake Fuller reiterated a Neutral rating on Lyft (NASDAQ: LYFT).
The analyst comments "We are updating estimates to bring 3Q bookings up slightly (healthy QTD trends) and to layer in $20M of annualized savings related to a bike-scooter restructuring announced this... More
