MoffettNathanson Downgrades DoorDash to Market Perform
Portfolio Pulse from Benzinga Newsdesk
MoffettNathanson analyst Michael Morton has downgraded DoorDash (NYSE:DASH) from Outperform to Market Perform.
September 15, 2023 | 10:57 am
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DoorDash has been downgraded from Outperform to Market Perform by MoffettNathanson, which could potentially impact the stock's performance.
Analyst ratings often influence investor sentiment and can impact a stock's price. A downgrade from Outperform to Market Perform suggests that the analyst believes the stock will now perform in line with the market, rather than outperforming it. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100