Bernstein Maintains Cautious Stance on Lyft (LYFT) Amid Regulatory Changes

Lyft Inc. (NASDAQ:LYFT) is one of the best stocks for day trading. On September 9, an analyst from Bernstein reiterated a Market Perform rating on Lyft (NASDAQ:LYFT) with a $16 price target, pointing to pending legislation in California as a key catalyst. Bernstein Maintains Cautious Stance on Lyft (LYFT) Amid Regulatory Changes Photo by Austin Distel on Unsplash Lawmakers are considering AB 1340, which would allow drivers to negotiate terms as a union while maintaining their independent contractor stat ...