DoorDash (DASH) Receives a Rating Update from a Top Analyst

By Carrie Williams

Oppenheimer analyst Jason Helfstein maintained a Hold rating on DoorDash (DASHResearch Report) today. The company’s shares closed last Thursday at $166.87.

According to TipRanks.com, Helfstein is a top 25 analyst with an average return of 49.5% and a 73.8% success rate. Helfstein covers the Technology sector, focusing on stocks such as Opendoor Technologies, Spotify Technology SA, and Zillow Group Class C.

The word on The Street in general, suggests a Hold analyst consensus rating for DoorDash with a $163.36 average price target, which is a -6.3% downside from current levels. In a report issued on February 22, Truist Financial also maintained a Hold rating on the stock with a $210.00 price target.

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Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DASH in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

DoorDash Inc provides online food delivery logistics services. The company provides on-demand food delivery services through its website. It operates primarily in the United States of America.