Mizuho Maintains Buy on DoorDash, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee has maintained a Buy rating on DoorDash (NASDAQ:DASH) and increased the price target from $120 to $140, indicating a positive outlook on the company's stock.
January 17, 2024 | 5:17 pm
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Mizuho analyst James Lee has reiterated a Buy rating on DoorDash and raised the price target from $120 to $140, suggesting a bullish stance on the stock's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 85
RELEVANCE 100