Lyft’s first Wall Street analyst to launch coverage of the stock gave it a buy rating. Here’s why he says the company could be worth $25 billion (LYFT)
|03/20/2019||Posted by BusinessMediaguide.Com under General World News||
- Lyft is racing towards an initial public offering (IPO) that could launch as soon as next week.
- Ahead of the IPO, the company nabbed its first buy rating from a Wall Street analyst.
- Tom White of D.A. Davidson gave the company a $75 price target, which translates to a valuation of more than $25 billion — its highest target yet.
Tom White, an internet analyst at Montana-based D.A. Davidson, read more >>>