Why Lyft Stock Was Climbing Today
Shares of Lyft (NASDAQ: LYFT) were moving higher today after the ride-sharing operator offered 2027 targets for the first time at its inaugural Investor Day conference this morning.
Those goals and the general commentary from management seemed to please investors, and the stock was trading up 4.1% as of 10:41 a.m. ET, after gaining as much as 11% earlier in the session.
Image source: Getty Images.
Source Fool.com
LYFT Inc Stock
€11.31
-0.320%
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 20 € shows a very positive potential of 76.8% compared to the current price of 11.31 € for LYFT Inc.