Lyft (NASDAQ:LYFT) has coverage initiated with a Outperform rating

ME Staff
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Analyst Ratings For Lyft (NASDAQ:LYFT)

Today, JMP Securities initiated coverage on Lyft (NASDAQ:LYFT) with a Outperform.

There are 12 Buy Ratings, 7 Hold Ratings, 1 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Lyft (NASDAQ:LYFT) is Buy with a consensus target price of $70.1443 per share, a potential 15.10% upside.

Some recent analyst ratings include

  • 4/23/2019-Lyft (NASDAQ:LYFT) has coverage initiated with a Outperform rating
  • 4/23/2019-Lyft (NASDAQ:LYFT) has coverage initiated with a Sector Weight ➝ Sector Weight rating
  • 4/23/2019-Lyft (NASDAQ:LYFT) has coverage initiated with a Overweight rating
  • 4/23/2019-Lyft (NASDAQ:LYFT) has coverage initiated with a Outperform rating
  • 4/23/2019-Lyft (NASDAQ:LYFT) has coverage initiated with a Buy rating
  • 4/23/2019-Lyft (NASDAQ:LYFT) has coverage initiated with a Outperform rating
  • 4/23/2019-Lyft (NASDAQ:LYFT) has coverage initiated with a Buy rating

    About Lyft (NASDAQ:LYFT)
    Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders. The company also offers a network of shared bikes and scooters in various cities to address the needs of riders for shorter routes; Express Drive program, a flexible car rentals program which connects drivers who need access to a car with third-party rental car companies; and concierge for organizations to manage the transportation needs of their customers and employees. In addition, it integrates third-party public transit data into the Lyft app to offer various enterprise programs, including monthly ride credits for daily commutes, supplementing public transit by providing rides for the first and last leg of commute trips, late-night rides home, and shuttle replacement rides. The company was formerly known as Zimride, Inc. and changed its name to Lyft, Inc. in 2013. Lyft, Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

    Recent Trading Activity for Lyft (NASDAQ:LYFT)
    Shares of Lyft closed the previous trading session at 60,94 up +2,58 4,42 % with 5254500 shares trading hands.