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Morgan Stanley Maintains Equal-Weight on Lyft, Raises Price Target to $18

Jul 30, 2026, 5:34 PMBenzinga Newsdesk
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LYFT
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benzinga
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Jul 30, 2026, 5:34 PM
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Jul 30, 2026, 5:33 PM
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Captured once, then retained as an archive reference
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  1. Aug 26, 2026, 11:30 AMWill Healy

    Lyft CFO Erin Brewer Disposes 509,383 Shares for $8.9 Million

    Lyft CFO Erin Brewer sold 509,383 shares worth $8.9 million on August 20, 2026, reducing her equity stake by 23%. The sale was primarily driven by tax withholding obligations (186,735 shares) and charitable gifts (322,648 shares). Despite the large share reduction, analysts note this should not concern investors as the dispositions were non-discretionary. Lyft's fundamentals remain healthy with Q2 2026 revenue up 16% year-over-year and net income up 25% annually.

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