Airbnb, DoorDash Rally After New Bull Touts Market Dominance
- Susquehanna initiates coverage and issues Street-high targets
- Both stocks advanced on Friday, extending their post-IPO gains
Airbnb CEO Brian Chesky speaks virtually during the company's IPO at the Nasdaq MarketSite in New York, on Dec. 10.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
Airbnb Inc. and DoorDash Inc. have an analyst advocating for both firms after strong trading debuts last week.
Shyam Patil at Susquehanna Financial Group initiated coverage on both companies with buy-equivalent ratings and 12-month share price targets that are the highest among Wall Street firms covering the stock, according to data compiled by Bloomberg.