Roth MKM Maintains Neutral on DoorDash, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Rohit Kulkarni has maintained a Neutral rating on DoorDash (NASDAQ:DASH) but increased the price target from $92 to $109.
January 19, 2024 | 3:56 pm
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Roth MKM analyst Rohit Kulkarni maintains a Neutral rating on DoorDash but raises the price target from $92 to $109, indicating a potential upside from the current price.
The increase in price target by Roth MKM suggests a positive outlook on DoorDash's future performance, which could lead to investor optimism and a potential short-term increase in the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at the moment, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100