Mizuho initiated coverage of DoorDash (DASH) with an Outperform rating and $350 price target The firm cites the company’s position as the U.S. market leader in on-demand food delivery, with a best-in-class track record of execution across top and bottom line, the analyst tells investors in a research note. Mizuho adds it is positive on DoorDash’s founder-led management team and quality of the organization, top to bottom, with a culture of operational excellence and tackling challenging problems.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DASH:
- Wells sees no major share changes as Kroger expands 3P grocery to DoorDash
- Wedbush says DoorDash extended Kroger partnership challenges Instacart position
- Morning Wrap-Up: Monday’s Biggest Stock Market Stories!
- DoorDash (DASH) and Kroger Expand Partnership to Give Full Access to Groceries
- DoorDash, Kroger expand partnership