Lyft (Nasdaq: LYFT) Rally Live: Wall Street Is Turning Bullish Because of This

Lyft (Nasdaq: LYFT) Rally Live: Wall Street Is Turning Bullish Because of This

Live Updates Live Coverage Updates appear automatically as they are published. Wall Street Turns Bullish on LYFT 11:38 am by Gerelyn Terzo In response to Lyft’s (Nasdaq: LYFT) Q1 results, Wall Street analysts are starting to reconsider the stock. Goldman Sachs has reportedly upgraded LYFT shares to a “buy” rating from “neutral,” attaching a $20 price target, reflecting 25% upside potential.   Check back for frequent updates on this story.  L…

Goldman Sachs says this ride-hailing stock is a buy after a strong earnings report

Analyst Eric Sheridan upgraded the ride-hailing stock to buy from neutral.

Lyft stock jumps as adjusted earnings top estimates and ride volumes surge - SiliconANGLE

Shares in Lyft Inc. jumped more than 7% in late trading today after the ride-hailing firm beat earnings expectations, posted record ride volumes and announced a major stock buyback plan that boosted investor confidence. For the first quarter ended March 31, Lyft reported adjusted earnings per share of 24 cents, up from seven cents per […] The post Lyft stock jumps as adjusted earnings top estimates and ride volumes surge appeared first on Silico…