This Growth Stock Is Down 83%, but Billionaire Investors Are Scooping It Up. Is It a Buy?
Lyft (NASDAQ: LYFT), the No. 2 ride-sharing operator behind Uber Technologies, has burned nearly every investor who has bought the stock.
As you can see from the chart below, the stock is down sharply from its 2019 initial public offering (IPO).
Source Fool.com
LYFT Inc Stock
€11.32
3.250%
We see a rather positive sentiment for LYFT Inc with 16 Buy predictions and 1 Sell predictions.
With a target price of 18 € there is a hugely positive potential of 59.01% for LYFT Inc compared to the current price of 11.32 €.