Lyft falls as UBS downgrades, cuts estimates, noting driver and consumers prefer Uber

Sep. 26, 2022 8:45 AM ETLyft, Inc. (LYFT), UBERBy: Chris Ciaccia, SA News Editor3 Comments

Mobile app Uber on a Apple iPhone XR

5./15 WEST

  • Lyft (NASDAQ:LYFT) shares fell nearly 4% on Monday as investment firm UBS downgraded the ride-sharing company and slashed its estimates, noting that both drivers and consumers prefer Uber (NYSE:UBER).
  • Analyst Lloyd Walmsley lowered his rating on Lyft (

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