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Monday, February 01, 2021 7:26:38 PM
By: MarketBeat | January 29, 2021
Lyft, Inc. (NASDAQ:LYFT)'s share price rose 6% during mid-day trading on Thursday after Wells Fargo & Company raised their price target on the stock from $48.00 to $56.00. Wells Fargo & Company currently has an overweight rating on the stock. Lyft traded as high as $46.86 and last traded at $46.22. Approximately 6,462,398 shares were traded during trading, an increase of 2% from the average daily volume of 6,334,050 shares. The stock had previously closed at $43.62.
Several other equities research analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft increased their price target on Lyft from $52.00 to $55.00 and gave the company a "buy" rating in a report on Thursday, November 5th. Barclays increased their price target on shares of Lyft from $33.00 to $40.00 and gave the company an "equal weight" rating in a research note on Wednesday, November 11th. JPMorgan Chase & Co. upped their price objective on Lyft from $46.00 to $64.00 and gave the company an "overweight" rating in a report on Wednesday, December 16th. They noted that the move was a valuation call. Morgan Stanley lifted their target price on Lyft from $34.00 to $55.00 and gave the company an "equal weight" rating in a research report on Monday, January 11th. Finally, BTIG Research boosted their price objective on shares of Lyft from $50.00 to $60.00 and gave the company a "buy" rating in a report on Thursday, January 7th. Ten equities research analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the stock. The stock presently has an average rating of "Buy" and a consensus price target of $51.18.
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Recent LYFT News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/06/2024 12:48:11 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 02:12:04 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/01/2024 10:01:04 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/29/2024 11:03:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 09:07:37 PM
- Lyft Announces Pricing of Offering of $400 million of Convertible Senior Notes • Business Wire • 02/23/2024 06:08:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 02:21:05 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 02:18:59 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 10:07:44 PM
- Lyft Announces Private Offering of $400 million of Convertible Senior Notes • Business Wire • 02/21/2024 10:03:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/20/2024 11:00:23 PM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 02/20/2024 11:27:46 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/20/2024 11:03:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/17/2024 01:45:31 AM
- Lyft CFO to Participate in Fireside Chat Hosted by Morgan Stanley • Business Wire • 02/15/2024 09:24:00 PM
- Futures Pointing To Extended Rebound On Wall Street • IH Market News • 02/15/2024 02:05:15 PM
- U.S. Futures Edge Higher Ahead of Key Economic Data Release, Oil Prices See Modest Declines • IH Market News • 02/15/2024 11:35:32 AM
- U.S. Stocks Show Significant Move Back To The Upside • IH Market News • 02/14/2024 09:30:00 PM
- Lyft, Robinhood Shares Strong • IH Market News • 02/14/2024 02:38:05 PM
- CORRECTING and REPLACING Lyft Announces Fourth Quarter and Full-Year 2023 Results • Business Wire • 02/13/2024 11:02:00 PM
- Lyft Announces Fourth Quarter and Full-Year 2023 Results • Business Wire • 02/13/2024 09:05:00 PM
- Moody’s Downgrades NYCB to Junk Status, Ford Declares Special Dividend, and Other Market Updates • IH Market News • 02/07/2024 10:49:44 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/05/2024 11:13:47 PM
- Lyft To Announce Fourth Quarter and Full-Year 2023 Financial Results • Business Wire • 01/24/2024 09:05:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/24/2024 12:48:47 AM
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NxGen Brands Inc. Forecast to Deliver 140% Growth in Q1 2024 • NXGB • Mar 27, 2024 7:30 AM
Kona Gold Beverages, Inc. Strategic Advancements: Covert LLC Introduces Federally Legal D9 Gummies and Revamps Innovative eCommerce Platform, Propelling Toward $12 Million Annual Revenue Goal • KGKG • Mar 26, 2024 8:30 AM