B of A Securities Maintains Buy on DoorDash, Raises Price Target to $100
Portfolio Pulse from jenniferd'souza@benzinga.com
B of A Securities analyst Michael McGovern maintains a Buy rating on DoorDash (NYSE:DASH) and raises the price target from $95 to $100.
August 04, 2023 | 1:15 pm
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POSITIVE IMPACT
B of A Securities maintains a Buy rating on DoorDash and raises the price target from $95 to $100. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence the stock price. A maintained Buy rating indicates a positive outlook for the stock. Furthermore, an increased price target suggests that the analyst believes the stock has the potential to reach a higher price in the future. This could lead to increased investor confidence and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100