Wedbush Warns of Lyft’s (LYFT) Vulnerability to AV Disruption, Overestimated Long-Term Valuation
LyftLyft(US:LYFT) Yahoo Finance·2026-01-01 00:33

Lyft Inc. (NASDAQ:LYFT) is one of the best low priced technology stocks to buy according to analysts. On December 19, Wedbush downgraded Lyft to Underperform from Neutral, while setting a price target of 16,whichwasbroughtdownfrom16, which was brought down from 20. Wedbush identified Lyft as highly vulnerable to AV disruption due to its exclusive focus on the US ridesharing market and lack of a diversified business model. The firm also argued that Lyft’s long-term valuation is being overestimated, as current market projections fa ...