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Benzinga
Benzinga
Business
Rachit Vats

Wedbush Lowers Price Target On Lyft Stock But Still Sees 21% Upside

Wedbush Securities analyst Daniel Ives on Tuesday said he continues to see upside in Lyft Inc.'s (NASDAQ:LYFT) stock despite the mixed earnings results for the fourth quarter.

The Analyst Rating: Ives has an Outperform rating on the stock and reduced the price target from $77 to $50, still implying a 21.35% upside over last closing price.

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