Uber, DoorDash and Instacart can integrate more deeply into local commerce, Goldman Sachs says. They’re less optimistic about Lyft.
Goldman Sachs downgraded shares of Lyft to a neutral rating from buy, saying the ride-hailing platform's price cuts for rides and expectations for solid demand growth had already been priced in to Wall Street's financial estimates this year.
Goldman Sachs downgraded shares of Lyft to a neutral rating from buy, saying the ride-hailing platform's price cuts for rides and expectations for solid demand growth had already been priced in to Wall Street's financial estimates this year.
