https://phys.org/news/2019-03-lyft-hikes-ipo-.html > The adjustment comes after Lyft's management bankers spent a week meeting with investors to explain why buying its stock makes sense even though the company has an uninterrupted history of losses. > The higher price target implies investors are clamoring to buy Lyft's stock. The proof will come Thursday when a final IPO price is determined, setting the stage for the stock to begin trading Friday morning. Explore further: Lyft set for March market debut: report