Lyft Inc (LYFT) Upgraded to Neutral by Arete Research
Arete Research has upgraded Lyft Inc (LYFT) from Sell to Neutral.
Lyft, Inc. engages in the provision and management of an online social rideshare community platform. The company is headquartered in San Francisco, California and currently employs 2,934 full-time employees. The company went IPO on 2019-03-29. The company operates across 11 countries and in nearly 1,000 cities, and Lyft Urban Solutions supports bike sharing in 16 countries and more than 86 cities. Its Lyft mobile application (the Lyft App) connects riders with drivers for on-demand ride services and supports a variety of other multimodal mobility solutions. Its offerings on the Lyft App include an expanded set of transportation modes in select cities, such as access to a network of shared bikes and scooters (Light Vehicles) for shorter rides and first-mile and last-mile legs of multimodal trips. FREENOW by Lyft is the European taxi app featuring broad multi-mobility options. Through FREENOW, passengers can access various mobility services within a single app, including taxis, private hire vehicles, car sharing, car rental, e-scooters, e-bikes, e-mopeds, and public transport.
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Last Updated: Dec 11, 2025, 11:35 PM · Source: Finnhub.io
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