JMP Securities Maintains Market Outperform on DoorDash, Raises Price Target to $113
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on DoorDash (NASDAQ:DASH) and raises the price target from $100 to $113.
November 02, 2023 | 7:18 pm
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DoorDash's price target has been raised from $100 to $113 by JMP Securities, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for DoorDash from $100 to $113 while maintaining a Market Outperform rating is likely to have a positive impact on the stock in the short term. This is because such an upgrade usually signals the analyst's increased confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100