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Benzinga
Benzinga
Business
Triveni Kothapalli

Lyft Remains A 'Show-Me' Story, Analysts Press For Execution

Lyft Nasdaq FreeNow JP Morgan
Ivano-frankivsk,,Ukraine,-,May,10,,2019:,Lyft,Logo,On,Smartphone

Lyft Inc. (NASDAQ:LYFT) posted strong third-quarter results, underscoring improvement in execution and operational discipline.

J.P. Morgan analysts, led by Doug Anmuth, raised their price forecast for LYFT to $22 from $16 while maintaining a Neutral rating.

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