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Lyft (NASDAQ:LYFT) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says
['Shane Hupp']
Ticker Report
The firm presently has an “outperform” rating on the ride-sharing company’s stock.
Zacks Research raised shares of Lyft from a “strong sell” rating to a “hold” rating in a report on Wednesday.
Thirteen analysts have rated the stock with a Buy rating, twenty-two have issued a Hold rating and two have assigned a Sell rating to the stock.
Get Lyft alerts:Get Our Latest Stock Analysis on LYFTLyft Stock Up 6.7%LYFT stock traded up $1.08 on Friday, reaching $17.38.
Insider Activity at LyftIn other Lyft news, insider Lindsay Catherine Llewellyn sold 36,214 shares of Lyft stock in a transaction that occurred on Monday, August 3rd.