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Several Reasons Lyft is the Rideshare Stock You Want
LYFTLyft(LYFT) Schaeffers Research·2024-03-04 19:21

Lyft Inc (NASDAQ:LYFT) was last seen up 5% to trade at 17.17,bouncingoffaflooratthe17.17, bouncing off a floor at the 15 level, with added support from the 20-day moving average. Today's jump comes after RBC upgraded shares to "outperform" from "sector perform," and lifted its price objective to 23from23 from 17. LYFT is pacing for its third-straight gain, poised to make another run at its Feb. 15 52-week high of $19.42, and has added more than 69% in the last nine months.This bull note could inspire other covering brokerages to change ...