Lyft Analysts Raise Their Forecasts After Upbeat Q3 Earnings
1. Lyft posted Q3 earnings of 11 cents per share, beating estimates. 2. Quarterly revenue was $1.68 billion, slightly below the target. 3. CEO highlighted progress in strategy and partnerships for growth. 4. Lyft shares rose 6.2% to $21.32 in pre-market trading. 5. Analysts adjusted price targets; Wedbush maintained Neutral stance.