Form 4 DoorDash, Inc. For: Jul 15 Filed by: Xu Tony

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Deutsche Bank Reiterates Buy Rating on DoorDash Inc. (DASH)

July 18, 2024 5:26 AM EDT

Deutsche Bank analyst Lee Horowitz reiterated a Buy rating and $155.00 price target on DoorDash Inc. (NASDAQ: DASH).

The analyst comments "Unlike the companys annual summer deal event, The Summer of DashPass, which ends in July, we expect DoorDash investors to come out much better in August post-earnings than the relative underperformance that has plagued shares since 1Q earnings. QTD, we believe that relative underperformance has come via slowing 3P data coupled... More