Buying Lyft stock requires making 'too many big assumptions,' analyst warns amid IPO hype
https://www.cnbc.com/2019/04/01/guggenheim-buying-lyft-stock-requires-making-too-many-big-assumptions.html
Guggenheim restrained its enthusiasm for shares of Lyft on Monday, beginning coverage of the rideshare company's stock with a neutral rating due to what the firm sees as a hazy outlook.
"We simply have to look too far out with too many big assumptions in order to make a case for the stock," Guggenheim analyst Jake Fuller wrote in a note to investors.
Buying Lyft stock requires making 'too many big assumptions,' analyst warns amid IPO hype
Apr 1, 2019, 12:30pm UTC
https://www.cnbc.com/2019/04/01/guggenheim-buying-lyft-stock-requires-making-too-many-big-assumptions.html
> Guggenheim restrained its enthusiasm for shares of Lyft on Monday, beginning coverage of the rideshare company's stock with a neutral rating due to what the firm sees as a hazy outlook.
> "We simply have to look too far out with too many big assumptions in order to make a case for the stock," Guggenheim analyst Jake Fuller wrote in a note to investors.