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Lyft Stock Falls On Downgrade. Analyst Says Robotaxis Are Bigger Risk For Lyft Than Uber.
Lyft stock was double-downgraded to an underperform rating from a previous buy call by analysts at Bank of America.
Lyft Stock Skids After Analysts' Double Downgrade
Shares of Lyft dropped Thursday as Bank of America analysts gave the ride-hailing company the dreaded double downgrade.
Lyft Stock Is Double-Downgraded to Underperform. Waymo Presents ‘Substantial AV Risk,’ Says BofA.
While the Alphabet-owned competitor is testing in other cities as well, San Francisco and Los Angeles are crucial for Lyft ...