Calamos Advisors LLC Invests $1.17 Million in LYFT Inc (LYFT) Stock
Calamos Advisors LLC acquired a new stake in LYFT Inc (NASDAQ:LYFT) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 15,000 shares of the ridesharing company’s stock, valued at approximately $1,174,000.
In other news, Director R. Ann Miura-Ko purchased 1,650 shares of the business’s stock in a transaction that occurred on Tuesday, April 2nd. The stock was purchased at an average cost of $72.00 per share, with a total value of $118,800.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Several analysts have recently weighed in on LYFT shares. Northcoast Research started coverage on shares of LYFT in a research report on Wednesday, March 27th. They set a “neutral” rating on the stock. Seaport Global Securities started coverage on shares of LYFT in a research report on Tuesday, April 2nd. They set a “sell” rating on the stock. Guggenheim started coverage on shares of LYFT in a research report on Monday, April 1st. They set a “neutral” rating on the stock. Cross Research started coverage on shares of LYFT in a research report on Tuesday, April 2nd. They set a “buy” rating and a $69.01 target price on the stock. Finally, DA Davidson started coverage on shares of LYFT in a research report on Tuesday, March 19th. They set a “buy” rating and a $75.00 target price on the stock. One analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. LYFT currently has an average rating of “Hold” and an average price target of $71.40.
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LYFT Company Profile
Lyft, Inc operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It provides Ridesharing Marketplace, which facilitates lead generation, billing and settlement, support, and related activities to enable drivers to provide their transportation services to riders.
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