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Analysts changed their price targets for DoorDash after the company’s strong third-quarter results and its purchase of Instacart.

OpinionRead the original at marketscreener.com
Neutral

DoorDash reported records in order value, sales, and net income, but several analysts lowered targets over Instacart deal concerns. The results and deal worries leave its outlook broadly unchanged.

DASH · DoorDash

AI read · Neutral

The AI's read

The record results point to stronger business activity and profit. Three analysts lowered their targets, citing mixed views or regulatory concerns about the Instacart deal. Another kept a positive view, so the results and deal concerns leave DoorDash's outlook broadly unchanged.

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