BMO Capital Maintains Outperform on DoorDash, Lowers Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz maintains an Outperform rating on DoorDash (NASDAQ:DASH) but lowers the price target from $138 to $127.

May 02, 2024 | 2:49 pm
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BMO Capital maintains an Outperform rating on DoorDash but lowers the price target from $138 to $127.
While the maintenance of an Outperform rating by BMO Capital indicates a positive outlook on DoorDash, the reduction in the price target could signal a tempered expectation for the stock's short-term growth potential. This mixed signal might lead to a neutral short-term impact on the stock price as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100