Bernstein analyst Nikhil Devnani maintained a Hold rating on Lyft with an $18.00 price target in a report released October 16. Lyft shares closed the previous Friday at $16.82. TipRanks identifies Devnani as a 4-star analyst with an average return of 7.5% and a 52.78% success rate; he covers the Consumer Cyclical sector and focuses on eBay, DoorDash, and Wayfair. Lyft’s analyst consensus was Hold, with a consensus price target of $19.28, implying 14.63% upside from current levels. J.P. Morgan also maintained a Hold rating on October 15 with a $19.00 target. For the quarter ended June 30, Lyft reported $1.84 billion in revenue and $50.29 million in net profit, compared with $1.59 billion in revenue and $40.31 million in net profit a year earlier.