LYFT Inc (LYFT)

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Lyft, Inc. (LYFT) Given Consensus Recommendation of "Buy" by Brokerages
By: MarketBeat | March 27, 2021

Shares of Lyft, Inc. (NASDAQ:LYFT) have been given an average recommendation of "Buy" by the thirty-six brokerages that are covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold recommendation and twenty-two have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $62.76.

A number of equities research analysts recently weighed in on LYFT shares. Truist lifted their price objective on shares of Lyft from $44.00 to $66.00 and gave the company a "buy" rating in a report on Wednesday, February 10th. DA Davidson lifted their price objective on shares of Lyft from $58.00 to $66.00 and gave the company a "buy" rating in a report on Wednesday, February 10th. Jefferies Financial Group lifted their price objective on shares of Lyft from $70.00 to $75.00 and gave the company a "buy" rating in a report on Wednesday, February 10th. Smith Barney Citigroup lifted their price objective on shares of Lyft from $49.00 to $60.00 in a report on Thursday, December 3rd. Finally, Zacks Investment Research upgraded shares of Lyft from a "sell" rating to a "hold" rating and set a $51.00 price target for the company in a report on Tuesday, January 12th.

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