The initial public offering for ride-hailing company Lyft seems to be off to a strong start. Tom White, Institutional Analyst for D.A. Davidson, has issued a research report that has spurred some of the attention. White describes what he likes about Lyft and the on-demand service model in “Lyft gets its first Wall Street buy recommendation and it’s not even public yet,” a CNBC.com article by Kate Rooney.
Read the full article here.