JMP Securities Maintains Market Outperform on DoorDash, Raises Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has maintained a Market Outperform rating on DoorDash and raised its price target from $160 to $190, indicating confidence in the company's future performance.
October 31, 2024 | 6:47 pm
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JMP Securities has increased its price target for DoorDash from $160 to $190 while maintaining a Market Outperform rating, suggesting a positive outlook for the company's stock.
The increase in price target from $160 to $190 by JMP Securities reflects a strong positive sentiment towards DoorDash's future performance. Maintaining a Market Outperform rating suggests that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor perception and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100