Lyft Inc. (NASDAQ: LYFT) is considered one of the best low-priced technology stocks to buy by analysts. Wedbush downgraded Lyft to Underperform with a price target of $16, citing vulnerability to AV disruption and overestimated long-term valuation. Jefferies also cut their price target on Lyft, while Wells Fargo raised theirs to $26.

Lyft operates a ridesharing marketplace in the US and Canada through its mobile platform. The company’s focus on the US market and lack of diversification may impact its future valuation. While Lyft has potential, other AI stocks may offer greater upside with less risk. Wells Fargo raised Lyft’s price target based on US market forecast but remains cautious on international expansion.

Investors are advised to consider other AI stocks with greater potential and less downside risk. A free report on undervalued AI stocks benefiting from Trump-era tariffs and onshoring trend is available. Wedbush, Jefferies, and Wells Fargo have recently adjusted Lyft’s price targets, reflecting varying perspectives on the company’s future performance.

Read more at Yahoo Finance.: Wedbush Warns of Lyft’s (LYFT) Vulnerability to AV Disruption, Overestimated Long-Term Valuation