Since our inception, we've worked hard to defy the odds with a deep belief in our mission. We've consistently innovated and made big bets and this is just the beginning. We want to improve people's lives with the world's best transportation and we will continue working to deliver on this goal." (See Lyft stock chart on TipRanks) On August 3, Stifel Nicolaus analyst Scott Devitt reiterated a Hold rating on the stock with a price target of $63. The analyst's price target implies upside potential of 13.8%.