LYFT $LYFT upgraded to 'Buy' (from Neutral) at Roth/MKM, with a $19 price-target: "We are upgrading LYFT to Buy (from Neutral). Our PT goes up to $19 (from $16) driven by higher estimates and forwarding valuation framework to 2026. While 2Q Revs were a tad soft, ridesharing KPIs (rides, riders) and EBITDA/FCF margins reached all-time highs. 3Q guidance implies accelerating growth as Lyft integrates the Freenow acquisition and expands its presence overseas. Lyft's fundamentals have turned a corner on GAAP basis (EPS & Op. Income). Given this fundamental progress, Lyft shares present a highly asymmetric investment opportunity, trading at 8.0x '26E Adj. EBITDA (or FCF) and ~12x '26E GAAP P/E."