The Mobility Provider Lyft is Poised for a Potential Growth Spurt Thanks to new Regulation and Partnership with Waymo. TD Cowen Upgrades to $30 (+35%).
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The stock of Lyft (LYFT) was recently discussed during its technical breakout. The company is one of the leading platform providers in the field of digital mobility, linking ridesharing, e-bikes, and e-scooters through an app. Since its founding in 2012, Lyft has built a dense network of drivers and customers and expanded into Europe through acquisitions like FreeNow. The market itself is undergoing a dynamic transformation, driven by autonomous vehicles and multimodal transport solutions. In the second quarter, Lyft achieved a record revenue...
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