JMP Securities Maintains Market Outperform on DoorDash, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has maintained a Market Outperform rating on DoorDash (NASDAQ:DASH) and increased the price target from $130 to $160.
March 27, 2024 | 3:07 pm
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POSITIVE IMPACT
JMP Securities has raised the price target for DoorDash from $130 to $160 while maintaining a Market Outperform rating.
The increase in the price target by JMP Securities reflects a positive outlook on DoorDash's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100