For the most part, Wall Street analysts have retained their strong conviction on DoorDash following its fourth-quarter earnings miss last week.
Get this delivered to your inbox, and more info about our products and services.
The investment bank initiated coverage of DoorDash with a buy rating.
Shares of DoorDash could rally 23% from current levels, according to Jefferies.
JPMorgan believes that shares of DoorDash could surge 19% from here.
DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of…
Analysts noted improvement in the company's unit economics, especially in new areas like grocery and retail.
Shares of DoorDash could rally an additional 12% from here, according to Bank of America.
