DoorDash shares are trading higher after RBC Capital upgraded the stock from Sector Perform to Outperform and raised its price target from $130 to $175.
Portfolio Pulse from Benzinga Newsdesk
DoorDash shares are trading higher following an upgrade by RBC Capital from Sector Perform to Outperform, with a price target increase from $130 to $175.

March 04, 2024 | 1:36 pm
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DoorDash's stock is experiencing a positive movement after RBC Capital upgraded its rating to Outperform and raised its price target to $175.
The upgrade by RBC Capital from Sector Perform to Outperform, accompanied by a significant increase in the price target from $130 to $175, is a strong bullish signal for investors. This suggests a positive outlook on the company's future performance and potential for stock price appreciation. Such analyst upgrades often lead to short-term price increases as market sentiment around the stock improves.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100