Wolfe Research analyst Shweta Khajuria initiated coverage of DoorDash with an Outperform rating and $130 price target. The firm views DoorDash as an investment pick, noting improving fundamentals, path to GAAP profitability and S&P entry, and new verticals.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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:
- Needham Internet services analyst holds an analyst/industry conference call
- KeyBanc starts DoorDash at neutral, awaits better entry point
- DoorDash initiated with a Sector Weight at KeyBanc
- DoorDash put volume heavy and directionally bearish
- DASH Ends Deliveroo Acquisition Talks Amid Valuation Concerns