Piper Sandler Upgrades DoorDash to Neutral, Raises Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Alexander Potter upgraded DoorDash (NASDAQ:DASH) from Underweight to Neutral and increased the price target from $53 to $127.

March 15, 2024 | 11:33 am
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DoorDash was upgraded by Piper Sandler from Underweight to Neutral, with a significant increase in price target from $53 to $127.
The upgrade from Underweight to Neutral by a reputable analyst, along with a substantial increase in the price target, suggests a positive reassessment of DoorDash's market position and future prospects. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100