Shares of Lyft Inc (NASDAQ: LYFT) continued to decline in early trading on Thursday, after tanking in the previous trading session on the company’s third-quarter earnings.
The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release.
- Truist Securities analyst Youssef Squali maintained a Hold rating, while raising the price target from $12 to $13.
- Wedbush Analyst Scott Devitt reiterated a Neutral rating, while lifting the price target from $11 to $12.
- Roth Capital analyst Rohit Kulkarni reaffirmed a Neutral rating, while raising the price target from $11 to $12.
- RBC Capital Markets analyst Brad Erickson maintained a Sector Perform rating and price target of $12.
- Needham analyst Bernie McTernan reiterated a Hold rating on the stock.
Check out other analyst stock ratings.
Truist Securities: “Lyft's strategy to lean in on pricing and on product improvements as a differentiator earlier ...