Lyft stock earns multiple upgrades after investor day

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Bank Of America,Investor Day,Financial Firms

Lyft (LYFT) has received several upgrades from financial firms following the company's investor day. Bank of America analysts issued a double upgrade to Buy ...

) has received several upgrades from financial firms following the company's investor day. Bank of America analysts issued a double upgrade to Buy from Underperform.Let's take a look at Lyft because it's another trending ticket here in Yahoo Finance, a top trending taker this following the investor day that we brought you yesterday.The reason why we're talking about this today is because we're starting to see some analysts upgrades in reaction to what we heard.

And I think that was really one of the questions going into this investor day was the ability here to try and recapture some of that market share from. And so it really, it does come with a question of where, where else uh Lyft and Uber, both of them are navigating a consumer that might be pushing back on the ride prices that they are seeing too.

Stocks are about to hit a 'wall of money' that will drive the market to record highs in July, Goldman Sachs says

 

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