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DASH - DoorDash a 'category killer' in the restaurant delivery space - analyst
DoorDash Inc. Class A
2024-04-19 08:27:58 ET
A “category killer” in the U.S. restaurant delivery space, DoorDash ( NASDAQ: DASH ) carries a valuation premium versus its peers that Loop Capital believes is justified by its higher growth rate, best-in-class execution and earnings power that is meaningfully understated. The firm initiates coverage of the food-delivery company with a Buy rating and $170 price target, 30% upside to Thursday’s closing price....