Major Wall Street analysts are all bulled up on Lyft, but investors don’t seem to care (LYFT)
|04/23/2019||Posted by BusinessMediaguide.Com under General World News||
- Lyft shares swung between gains and losses on Tuesday after 10 Wall Street analysts initiated coverage of the recently public ride-hailing company.
- Shares fell by as much as 2.5% before rallying by as much as 1.8% after the majority of the analysts’ calls were bullish.
- Watch Lyft trade live.
Lyft shares swung between gains and losses on Tuesday as the quiet period for major Wall Street analysts ended and a slew of them initiated overwhelmingly bullish coverage.
Tuesday marked the end of the nearly month-long quiet period for the companies that underwrote Lyft’s March initial public offering. Analysts at JPMorgan, Credit read more >>>