Lyft Gets Lone Sell Rating as Arete Downgrades Stock on Uber Competition

By Yahoo! Finance   |   1 month ago
Lyft Gets Lone Sell Rating as Arete Downgrades Stock on Uber Competition

Analyst Oliver Lester downgraded Lyft to sell due to intense competition from Uber, which is squeezing margins. Lyft lacks diversification and faces challenges in innovation and customer retention.

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