DoorDash, Inc. (DASH)’s Buy Rating Upheld as Investments Signal Long-Term Growth Potential
We recently published an article titled 12 High Growth E-commerce Stocks To Buy. On January 29, Guggenheim lowered its price target on DoorDash, Inc. (NASDAQ:DASH) to $275 from $280 while reiterating a Buy rating ahead of the company’s Q4 earnings report scheduled for February 18. The modest reduction reflects expectations that elevated investment spending will continue to weigh on margins into 2027. However, the maintained Buy rating underscores confidence that these investments are strategic in nature ...