DoorDash Inc. (DASH) PT Raised to $85 at DA Davidson
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DoorDash (DASH) upgraded at Mizuho as growth should exceed consensus
September 18, 2023 6:36 AM EDTShares of DoorDash (NYSE: DASH) rose 2.8% in pre-open trading Monday after analysts at Mizuho Securities upgraded the stock after a deep dive suggested a higher 2023 exit rate.
Analyst James Lee upgraded the stock to Buy from Neutral and set a new price target of $105 (from $90), suggesting nearly 30% upside from Friday's closing price.
"We ran a deep dive across all key metrics and, post analysis, we feel confident that Gross-Order-Value (GOV) growth rate should outperform guidance and Street expectations in 2H23," Lee commented. "We... More
