$LYFT Wow, 5 analysts have downgraded Lyft after Q4 earnings and reduced the target price by an average of -14%, yet the stock is up 3%.
This thing will drop significantly, just give it a few days when institutions will sell.
Barclays: $59 to $47
Credit Suisse: $71 to $61
etc.
$LMND - love the company, but it's still way overvalued. Currently trading at 9x P/IFP while other InsurTechs are trading around 2-3x... (and they bought Metromile for 3x P/IFP)
I will start to buy at $20-25 a share.
@Lemonade_Inc
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$ROOT Prediction for today: First, as always, we move lower to around 5.15 along with a small market pullback - then we'll recover swiftly and break 5.50 again.
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