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Lyft's Bookings Guidance Bests Uber, Analyst Says: 'Better Than Feared'

Benzinga ·  00:42

Shares ofLyft Inc(NASDAQ:LYFT) were climbing in early trading on Thursday, after the company reported upbeat third-quarter results.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

  • Cantor Fitzgerald analyst Deepak Mathivanan maintained a Neutral rating, while raising the price target from $13 to $16.
  • Roth Capital Partners analyst Rohit Kulkarni reiterated a Neutral rating, while lifting the price target from $13 to $16.
  • Truist Securities analyst Youssef Squali reaffirmed a Hold rating, while raising the price target from $13 to $20.
  • Wedbush analyst Scott Devitt maintained a Neutral rating, while raising the price target to $20.
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