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Analysts Offer Insights on Communication Services Companies: DoorDash (DASH) and Pinterest (PINS)

There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on DoorDash (DASHResearch Report) and Pinterest (PINSResearch Report) with bullish sentiments.

DoorDash (DASH)

Mizuho Securities analyst James Lee maintained a Buy rating on DoorDash yesterday and set a price target of $250.00. The company’s shares closed last Friday at $177.24, close to its 52-week high of $178.16.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 12.1% and a 59.8% success rate. Lee covers the NA sector, focusing on stocks such as Trip.com Group Ltd. Sponsored ADR, Booking Holdings, and TripAdvisor.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for DoorDash with a $175.54 average price target, implying a 1.4% upside from current levels. In a report issued on November 12, Loop Capital Markets also maintained a Buy rating on the stock with a $200.00 price target.

See the top stocks recommended by analysts >>

Pinterest (PINS)

In a report issued on November 20, Colin Sebastian from Robert W. Baird maintained a Buy rating on Pinterest, with a price target of $36.00. The company’s shares closed last Friday at $30.02, close to its 52-week low of $27.00.

Sebastian has an average return of 24.5% when recommending Pinterest.

According to TipRanks.com, Sebastian is ranked #351 out of 9189 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Pinterest with a $39.88 average price target, implying a 36.9% upside from current levels. In a report issued on November 11, Wedbush also upgraded the stock to Buy with a $38.00 price target.

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