Goldman Sachs Is Cooling Off on LYFT Stock

Lyft (NASDAQ:LYFT) stock is slipping on Thursday after Goldman Sachs downgraded the ridesharing company’s shares today.That downgrade has analyst Eric Sheridan dropping LYFT stock from a “buy” rating to a “neutral” rating. Investors will note that this matches the analysts’ consensus rating of hold based on 28 opinions.Despite that downgrade, the Goldman Sachs analyst increased the firm’s price target for Lyft from $12 per share to $15 per share. That represents a potential increase of 12.4% from yesterday’ ...