tiprankstipranks
The Fly

Lyft price target lowered to $15 from $18 at Susquehanna

Lyft price target lowered to $15 from $18 at Susquehanna

Susquehanna analyst Shyam Patil lowered the firm’s price target on Lyft (LYFT) to $15 from $18 and keeps a Neutral rating on the shares. The firm said said increased pricing pressure from Uber (UBER) is weighing on the results and outlook. They continue to believe the risk/reward is balanced at current levels.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com