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Zacks Research Upgrades Lyft (NASDAQ:LYFT) to Hold
['Tyrone Williams']
Daily Political
Lyft (NASDAQ:LYFT – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.
BTIG Research upgraded shares of Lyft from a “neutral” rating to a “buy” rating in a research note on Wednesday, June 17th.
Get Lyft alerts:View Our Latest Stock Report on LYFTLyft Price PerformanceShares of LYFT stock opened at $16.30 on Wednesday.
Negative Sentiment: Management expects current-quarter bookings growth of roughly 15% to 19% , indicating a slowdown from the recent pace.
Lyft’s Bookings Climb, But Expects Growth to ModerateManagement expects current-quarter bookings growth of roughly , indicating a slowdown from the recent pace.