Why Lyft Stock Was Climbing Again Today
LYFTLyft(LYFT) The Motley Fool·2024-02-16 03:54

Shares of Lyft (LYFT 16.53%) were moving higher for the second session in a row today as investors continued to respond to better-than-expected results from the ride-sharing company. It also received another round of price-target hikes from Wall Street. As of 1:35 p.m. ET, the stock was up 16.3% after gaining 35% yesterday. Is Lyft finally turning it around? Several Wall Street analysts raised their price targets on Lyft this morning, commenting on the improved competitive dynamics in the industry. This has ...