Lyft Stock Has 33% More Lift From Here, Says Analyst
The continued rollout of COVID-19 vaccines bodes well for ridesharing app Lyft (NASDAQ: LYFT), particularly as summer approaches, because it means more people will be traveling again.
One analyst is so upbeat about Lyft's prospects that he put its stock on his "best ideas" list and raised his price target to $85 per share, suggesting there's 33% more upside from where Lyft's stock closed on Tuesday.
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Source Fool.com