LYFT (LYFT) Scheduled to Post Earnings on Tuesday

LYFT (NASDAQ:LYFT) is set to announce its earnings results after the market closes on Tuesday, May 7th. Analysts expect the company to announce earnings of ($0.96) per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

LYFT opened at $62.51 on Friday. LYFT has a twelve month low of $54.32 and a twelve month high of $88.60.

In other news, Director R. Ann Miura-Ko acquired 1,650 shares of LYFT stock in a transaction that occurred on Tuesday, April 2nd. The stock was bought at an average price of $72.00 per share, with a total value of $118,800.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Several equities analysts have recently weighed in on LYFT shares. DA Davidson started coverage on shares of LYFT in a research note on Tuesday, March 19th. They issued a “buy” rating and a $75.00 target price for the company. Northcoast Research started coverage on shares of LYFT in a research note on Wednesday, March 27th. They issued a “neutral” rating for the company. Wedbush started coverage on shares of LYFT in a research note on Wednesday, March 27th. They issued a “neutral” rating for the company. Consumer Edge started coverage on shares of LYFT in a research note on Monday, April 1st. They issued a “neutral” rating and a $73.00 target price for the company. Finally, Guggenheim started coverage on shares of LYFT in a research note on Monday, April 1st. They issued a “neutral” rating for the company. Two analysts have rated the stock with a sell rating, seven have given a hold rating and fourteen have assigned a buy rating to the stock. LYFT presently has an average rating of “Buy” and a consensus target price of $73.19.

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About LYFT

Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders.

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