BMO Capital Maintains Outperform on DoorDash, Raises Price Target to $180
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained an 'Outperform' rating on DoorDash and raised its price target from $140 to $180, indicating confidence in the company's future performance.
October 31, 2024 | 1:16 pm
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BMO Capital has increased its price target for DoorDash from $140 to $180 while maintaining an 'Outperform' rating, suggesting a positive outlook for the company's stock.
The increase in price target from $140 to $180 by BMO Capital, along with the maintained 'Outperform' rating, indicates strong confidence in DoorDash's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100