Redburn-Atlantic Starts DoorDash Inc. (DASH) at Buy

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Go back to Redburn-Atlantic Starts DoorDash Inc. (DASH) at Buy

DoorDash stock gets a new Buy rating on the Street

July 26, 2024 10:10 AM EDT

Redburn Atlantic initiated coverage on DoorDash (NASDAQ: DASH) with a Buy rating, setting a year-end 2025 price target of $170, representing a potential 66% upside from its current price.

Analysts at Redburn Atlantic highlighted DoorDash's strong position in the market and its ability to deliver industry-leading growth and above-consensus earnings.

The firm notes that DoorDash, founded in 2013 and currently led by CEO Tony Xu, has grown to... More

Truist Securities Reiterates Buy Rating on DoorDash Inc. (DASH)

July 26, 2024 6:04 AM EDT

Truist Securities analyst Youssef Squali reiterated a Buy rating and $145.00 price target on DoorDash Inc. (NASDAQ: DASH).

The analyst comments "We expect an in line quarter and guide when DASH report 2Q24 results on 8/1, reflecting healthy growth in orders and AOV, and driving... More