Wells Fargo Maintains Equal-Weight on DoorDash, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on DoorDash (DASH) and lowers the price target from $105 to $100.
February 20, 2024 | 2:11 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Wells Fargo maintains an Equal-Weight rating on DoorDash and lowers the price target from $105 to $100.
The reduction in price target by Wells Fargo, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in DASH's stock price. The maintenance of an Equal-Weight rating indicates a neutral long-term outlook, but the immediate impact of the price target adjustment is likely negative.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100