Deutsche Bank raised Lyft (NASDAQ:LYFT) price target to $12 from $11

Deutsche Bank analyst Benjamin Black raised Uber’s (NYSE:UBER) price target to $44 from $42 and maintained a “buy” rating. The analyst also raised its price target on Lyft (NASDAQ:LYFT) to $12 from $11 and maintained a “hold” rating. An appeals court in California overturned a lower court’s ruling on March 13, local time, finding that Uber and Lyft had the right to treat their drivers as independent contractors.

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