Lyft (LYFT) PT Raised to $18 at BMO Capital

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Lyft (LYFT) PT Raised to $18 at Susquehanna

November 11, 2024 6:56 AM EST

Susquehanna analyst Shyam Patil raised the price target on Lyft (NASDAQ: LYFT) to $18.00 (from $10.00) while maintaining a Neutral rating.

The analyst comments "LYFT reported a strong 3Q with continued momentum in rider and frequency trends combined with better take rates on lower driver... More