Lyft's Stock Price Is Crashing, but It's Not a Buying Opportunity
(NASDAQ: LYFT) is cutting costs and making moves to improve profitability as it trails behind bigger rival Uber. Fool.com contributor and finance professor Parkev Tatevosian discusses why Lyft's stock price crash is not a buying opportunity.
*Stock prices used were the afternoon prices of May 5, 2023. The video was published on May 7, 2023.
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the LYFT Inc stock is not clear.
Based on the current price of 9.34 € the target price of 19 € shows a potential of 103.36% for LYFT Inc which would more than double the current price.