Gordon Haskett Downgrades DoorDash to Hold, Lowers Price Target to $72
Portfolio Pulse from richadhand@benzinga.com
Gordon Haskett analyst Robert Mollins downgraded DoorDash (NYSE:DASH) from Buy to Hold and lowered the price target from $73 to $72.
June 14, 2023 | 1:20 pm
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DoorDash's rating has been downgraded from Buy to Hold by Gordon Haskett, with a lowered price target of $72.
The downgrade from Buy to Hold and the lowering of the price target by Gordon Haskett's analyst Robert Mollins indicate a less optimistic outlook for DoorDash's stock. This could lead to a negative short-term impact on the stock price as investors may adjust their positions based on the new rating and price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100