Raymond James analyst Aaron Kessler initiated coverage on DoorDash, Inc. with a Market Perform rating with no price target. Kessler saw a large total addressable market for food delivery. DoorDash has established itself as the leading food delivery platform in the U.S. with a 50 percent plus market share, Kessler noted. DoorDash offered significant value for its three constituents,…
Raymond James Lists Key Takeaways From Qualtrics’ Proxy Filing
Qualtrics International Inc.’s April 15 proxy filing also disclosed new ACV and retention metrics pertinent to investors, Raymond James observed. Qualtrics added $365.1 million in new software ACV billings in 2021, effectively aligning with the target performance level of $365.0 million. Total research services billing of $160.1 million also were effectively in-line with the target performance level of…
What Elizabeth Holmes Had to Say at Her Trial: 5 Takeaways
SAN JOSE, CALIF.—Once-lionized entrepreneur Elizabeth Holmes wrapped up seven days of testimony in her criminal fraud trial Wednesday, having largely used the time to defend her actions as CEO of the startup Theranos. The company she founded had soared on the promise of innovative blood-testing technology only to crash in a sordid display of failure…
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