Royal Bank of Canada maintains outperform rating for Lyft, setting a $24.00 price target.

Royal Bank of Canada reaffirmed its outperform rating for Lyft (NASDAQ:LYFT), setting a $24.00 price target on the ride-sharing company's stock. This follows a string of recent price target increases by other analysts, including UBS Group, Fox Advisors, and The Goldman Sachs Group. The majority of these firms are maintaining neutral ratings or upgrading their ratings on Lyft.

June 10, 2024
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