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Benzinga
Benzinga
Business
Adam Eckert

Need A Lyft For Your Portfolio? This Analyst Says Rideshare Stock Could Double As It Chases Down Uber

Lyft Uber Nasdaq

Analysts have highlighted a buying opportunity in shares of Lyft Inc (NASDAQ:LYFT) driven by multiple catalysts paired with overly negative sentiment, creating a favorable risk-reward setup. 

What To Know: Gordon Haskett upgraded Lyft from Hold to Buy on Wednesday, citing increased driver availability, improving conversion rates and continued rideshare adoption.

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