DoorDash shares are trading lower after MoffettNathanson downgraded the stock from Outperform to Market Perform.
Portfolio Pulse from Bill Haddad
DoorDash's stock has been downgraded from Outperform to Market Perform by MoffettNathanson, leading to a decrease in its share price.
September 15, 2023 | 3:01 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
DoorDash's stock was downgraded by MoffettNathanson, which has resulted in a decrease in its share price.
Analyst ratings can significantly influence a company's stock price. In this case, the downgrade from MoffettNathanson, a well-known research firm, has led to a decrease in DoorDash's share price. This suggests that the market has taken this downgrade seriously, which is why the stock price has fallen.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100