Uber and Lyft are raising prices. One analyst says it could send Lyft’s stock 20% higher.

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Uber and Lyft are raising prices. One analyst says it could send Lyft’s stock 20% higher.
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'Lyft and Uber are now public, and Uber needs margin from US ride hail to support efforts internationally,' and in restaurant delivery, wrote Jake Fuller of...

Lyft was upgraded to"buy" with a price target of $60 by a team of analysts at Guggenheim Partners on Monday. Shares rose more than 3% in early trading Monday. The upgrade came after solid second-quarter earnings changed analysts' perspective on the company's potential, Jake Fuller of Guggenheim said in a note. Watch shares of Lyft trade live on Markets Insider. Lyft is getting a green light from a team of analysts at Guggenheim. Shares of Lyft gained as much as 3.

Lyft was upgraded to"buy" with a price target of $60 by a team of analysts at Guggenheim Partners on Monday. Shares rose more than 3% in early trading Monday. The upgrade came after solid second-quarter earnings changed analysts' perspective on the company's potential, Jake Fuller of Guggenheim said in a note. Watch shares of Lyft trade live on Markets Insider. Lyft is getting a green light from a team of analysts at Guggenheim. Shares of Lyft gained as much as 3.

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