Lyft upgraded to Buy with $20 PT by Benchmark team

In This Article:

The Benchmark Company has taken a positive stance on Lyft (LYFT), upgrading its recommendation to Buy from Hold with a $20 share price target for the rideshare company. The firm sees "significant optionality" ahead for Lyft, highlighting the platform's "domestic focus and lower share".

Market Domination hosts Julie Hyman and Josh Lipton break down the details.

To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

This post was written by Angel Smith