Lyft To Announce Third Quarter 2024 Financial Results

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Wolfe Research Reiterates Peerperform Rating on Lyft (LYFT)

October 17, 2024 9:26 AM EDT

Wolfe Research analyst Shweat Khajuria reiterated a Peerperform rating on Lyft (NASDAQ: LYFT).

The analyst comments "The company's sub-scale nature creates a competitive disadvantage vs. Uber in our view, and we question Lyfts ability to sustain healthy topline growth that imply... More