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Lyft Stock Falls On Downgrade. Analyst Says Robotaxis Are Bigger Risk For Lyft Than Uber.

By Investor's Business Daily   |   5 days ago
Lyft Stock Falls On Downgrade. Analyst Says Robotaxis Are Bigger Risk For Lyft Than Uber.

Lyft stock was downgraded to underperform by Bank of America analysts due to concerns about autonomous vehicle competition. Waymo and Tesla's entry into the market have impacted Lyft and Uber's shares.

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