Piper Sandler Maintains Underweight on DoorDash, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter maintains an Underweight rating on DoorDash (NASDAQ:DASH) and raises the price target from $47 to $51.
November 02, 2023 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Piper Sandler maintains an Underweight rating on DoorDash and raises the price target from $47 to $51. This could potentially impact the stock negatively in the short term.
The Underweight rating suggests that the analyst believes the stock will underperform the market or its sector in the short term. The increase in price target, however, indicates a slightly more positive outlook than before. This mixed signal could lead to uncertainty and potential short-term negative impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100