On October 24, GLONGHUI|DoorDash (DASH.US) fell more than 7% to $42.06. Truist analyst Youssef Squali lowered the company's target price from $185 to $101, maintaining the buy rating. The analyst believes that the second half of this year will have stronger foreign exchange resistance, a higher interest rate environment, and an increase in the possibility of a “mild” economic recession in 2023.
美股异动 | DoorDash(DASH.US)跌超7% 经济衰退可能性增加 Truist大砍目标价至101美元
Changes in US stocks | DoorDash (DASH.US) falls by more than 7%, the possibility of a recession increases, and Truist slashes the target price to $101
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.