Why Jefferies Raised Its Lyft Price Target to $90

The video discusses the revenue growth of Lyft and Uber, highlighting their duopoly in the US market. It addresses the companies' efforts to improve contribution margins and achieve profitability within three years. Misconceptions about their financial losses are explored, emphasizing the complexity of building their networks. The potential for market expansion and the integration of autonomous vehicles, like Google Waymo, into Lyft's network is also discussed.

What is the significance of the duopoly mentioned in the text?

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How is the potential impact of autonomous cars on the market discussed?

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