DoorDash (DASH) Stock: $155 Price Target And Buy Rating

By Amit Chowdhry ● Apr 25, 2022
  • The shares of DoorDash Inc (NYSE: DASH) have received a $155 price target from Citi. These are the details.

The shares of DoorDash Inc (NYSE: DASH) have received a $155 price target from Citi. And Citi analyst Ronald Josey initiated coverage of DoorDash with a “Buy” rating.

Josey adjusted the rating while noting DoorDash as a top pick in the Internet sector. And Josey assumed coverage of DoorDash while noting the company is a leader in its respective category that continues to innovate with newer products and services by improving people’s lives through convenience, social/entertainment, or travel. 

Plus Josey noted that the broader sector is healthy as consumer engagement online continues to be more immersive and grow. Going forward, Josey is seeing multiple vectors ahead for sustained growth.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.