RBC Capital Maintains Outperform on DoorDash, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains an Outperform rating on DoorDash and raises the price target from $165 to $175.
October 31, 2024 | 7:36 pm
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RBC Capital has increased its price target for DoorDash from $165 to $175 while maintaining an Outperform rating, indicating confidence in the company's future performance.
The increase in price target from $165 to $175 by RBC Capital suggests a positive outlook on DoorDash's future performance. Maintaining an Outperform rating indicates that the analyst expects the stock to perform better than the market average, which could lead to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100