Piper Sandler Maintains Neutral on DoorDash, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion maintains a Neutral rating on DoorDash (NASDAQ:DASH) but raises the price target from $125 to $160.
October 31, 2024 | 1:01 pm
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Piper Sandler has maintained a Neutral rating on DoorDash but increased the price target from $125 to $160, indicating a more optimistic outlook.
The increase in the price target from $125 to $160 suggests a more positive outlook on DoorDash's future performance, which could lead to a short-term positive impact on the stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100