Loop Capital Initiates Coverage On DoorDash with Buy Rating, Announces Price Target of $170
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Rob Sanderson initiates coverage on DoorDash (NASDAQ:DASH) with a Buy rating and a price target of $170.

April 19, 2024 | 11:01 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Loop Capital has initiated coverage on DoorDash with a Buy rating and set a price target of $170.
The initiation of coverage by Loop Capital with a Buy rating and a high price target suggests a positive outlook for DoorDash's stock. This could lead to increased investor interest and potentially drive the stock price up in the short term, as market participants often react positively to favorable analyst coverage.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100