JP Morgan Maintains Neutral on DoorDash, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains a Neutral rating on DoorDash (NASDAQ:DASH) but raises the price target from $137 to $155.
October 31, 2024 | 2:41 pm
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JP Morgan has maintained its Neutral rating on DoorDash but increased the price target from $137 to $155, indicating a positive outlook.
The increase in the price target from $137 to $155 suggests a positive outlook for DoorDash, which could lead to a short-term increase in 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