Lyft Stock Surges 1.77% with $307 Million Trading Volume Ranking 312th

Generated by AI AgentAinvest Volume Radar
Thursday, Jun 5, 2025 8:23 pm ET1min read

On June 5, 2025, Lyft's stock price surged by 1.77%, with a trading volume of $307 million, making it the 312th most traded stock of the day.

RBC Capital reiterated its "Outperform" rating for

, maintaining a target price of $21.00. This rating was echoed by , which also set a $21.00 price target. The consensus rating from 38 Wall Street analysts over the past 12 months is "Hold," indicating a mixed outlook for the stock.

Brad Erickson, an analyst at

Capital, highlighted the importance of Austin and Atlanta markets for Lyft's performance. This focus on key markets suggests that the company's strategic initiatives in these regions could significantly impact its stock price.

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