https://apnews.com/09459ff5449a45ad802ce1e7b89cbbc1

SAN FRANCISCO (AP) — Lyft is raising the price target for its initial public offering in a sign of the excitement surrounding the stock market debut of a ride-hailing service.

With the revision disclosed Wednesday, Lyft is now seeking $70 to $72 per share, up from its previous goal of $62 to $68.