Lyft sees 'path to profitability' as riders, revenues increase
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Call Buying Activity in Uber (UBER) Targets Over 8% Upside in Shares Through Earnings on Monday -Susquehanna
October 31, 2019 1:53 PM EDTSusquehanna options strategist Alison Edwards notes call buying activity in Uber (NYSE: UBER) ahead of earnings on Monday, as opening investors in Uber bought 14k Jan 34 Calls for $2.37. The investors suggest the shares have an increased probability to trade above $34 (+8.3%) by mid-Jan. The... More
Lyft (LYFT) PT Raised to $82 at RBC Capital
October 31, 2019 6:34 AM EDTRBC Capital analyst Mark Mahaney raised the price target on Lyft (NASDAQ: LYFT) to $82.00 (from $76.00) while maintaining an Outperform rating.
The analyst commented, "Lyft reported Beat & Raise Q3 results. Q3 Revenue $956MM, +63% Y/Y and EBITDA losses ($128MM) nicely beat Street expectations, and... More
