Wells Fargo Maintains Equal-Weight on DoorDash, Raises Price Target to $88
Portfolio Pulse from jenniferd'souza@benzinga.com
Wells Fargo analyst Ken Gawrelski has maintained an Equal-Weight rating on DoorDash (NYSE:DASH) and raised the price target from $70 to $88.
August 04, 2023 | 1:30 pm
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Wells Fargo has maintained an Equal-Weight rating on DoorDash and raised the price target from $70 to $88.
The raised price target by Wells Fargo indicates a positive outlook for DoorDash. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's increased confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100