Analysts Bullish on DoorDash and WEB Travel Group

Analysts are optimistic about Consumer Cyclical companies DoorDash (DASH) and WEB Travel Group (WEBJF), with two analysts issuing bullish reports in recent weeks.

Argus Research analyst Taylor Conrad maintained a Buy rating on DoorDash, setting a price target of $270.00 on August 26. The company's shares closed at $236.74 last Friday. This is not the first time DoorDash has received positive attention from analysts, with Bank of America Securities also maintaining a Buy rating in a report issued on August 12.

Conrad is a 4-star analyst with an average return of 9.2% and a 65.1% success rate. He covers the Consumer Goods sector, focusing on stocks such as Coca-Cola Europacific Partners, The Hershey Company, and Colgate-Palmolive.

The current analyst consensus on DoorDash is a Strong Buy with an average price target of $256.70, representing a 10.0% upside from current levels.

WEB Travel Group also received positive attention from analysts, with Canaccord Genuity's Andrew Hodge maintaining a Buy rating and setting a price target of A$5.50 on August 27. The company's shares closed at $0.93 last Friday, which is its 52-week low.

Hodge has an average return of 7.3% and a 42.2% success rate, covering the NA sector with stocks such as Flight Centre Travel Group Limited, ARB Corporation, and Amotiv.