DoorDash Stock Set to Pop After Upgrade
DASHDoorDash(DASH) Schaeffers Investment Research·2024-09-19 21:16

Shares of online delivery service DoorDash Inc (NYSE:DASH) are 4.4% higher before the bell, following a bull note from BTIG. The Wall Street brokerage upgraded DASH from "neutral" to "buy" with a 155pricetargetaftercitingseveralkeyfactors,includingstrongthirdquartergrowthdespiteconsumerweakness.DoorDashstockisontracktoopenaround155 price target after citing several key factors, including strong third-quarter growth despite consumer weakness.DoorDash stock is on track to open around 138.30, which is right below its closing record of $141.10. The equity got a boost after the Federal Reserve cut interest rates yesterday for the first time ...