DoorDash: DoorDash price target lowered to $210 from $230 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm's price target on DoorDash ( DASH ) to $210 from $230 and keeps an Overweight rating on the shares. The Q1 earnings season for the firm's internet coverage universe kicks off next week and Cantor tells investors that results are likely to bring "mixed signals" due to growing macro uncertainties, tariff impacts on current and future demand, and consumer pull-in ahead of tariffs. The firm believes a defensive strategy with potential to play idiosyncratic themes is "the right approach to generate alpha" in Q1 earnings season from the internet group, adding that it has factored in a degree of macro slowdown in its Q2 and second half estimates. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >>