Deutsche Bank Initiates Coverage On DoorDash with Buy Rating, Announces Price Target of $125
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lee Horowitz has initiated coverage on DoorDash (NASDAQ:DASH) with a Buy rating and set a price target of $125 for the company's stock.
November 16, 2023 | 11:51 am
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Deutsche Bank has initiated coverage on DoorDash with a Buy rating and a price target of $125, indicating a positive outlook for the stock.
Analyst ratings, especially from major banks like Deutsche Bank, can significantly influence investor sentiment and stock prices. A Buy rating combined with a high price target suggests a strong bullish stance on DoorDash, which could lead to increased investor interest and a potential short-term rise in the stock price.
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