BMO Capital Initiates Coverage On DoorDash with Outperform Rating, Announces Price Target of $120
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has initiated coverage on DoorDash (NASDAQ:DASH) with an Outperform rating and set a price target of $120 for the company's stock.
January 09, 2024 | 11:27 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BMO Capital has initiated coverage on DoorDash with an Outperform rating and a price target of $120, indicating a positive outlook for the stock.
Analyst ratings, especially from reputable firms like BMO Capital, can significantly influence investor sentiment and stock prices in the short term. The Outperform rating and ambitious price target suggest that BMO Capital expects DoorDash to perform well above the market average, which could lead to increased investor interest and a potential rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100