Lyft Stock Jumps 22% After Earnings. It’s Not Uber but That’s OK. - Barron's
1. Goldman Sachs upgraded Lyft to 'Buy' with a $20 price target. 2. Lyft's shares surged 22% following strong first-quarter earnings. 3. Analysts noted Lyft's strong fundamentals amid competitive pressure from Uber. 4. Lyft's rides grew by 16% last quarter, with premium services expanding. 5. Market focuses on operational efficiencies due to competitive duopoly.