Dingdong (Cayman) Limited operates an e-commerce company in China. The company offers fresh produce, meat, seafood, prepared food, and other food products, such as dairy and bakery products, snacks, oil, seasonings, and beverages. It operates as a self-operated online retail business primarily through Dingdong Fresh. The company was founded in 2017 and is headquartered in Shanghai, China.
IPO Year: 2021
Exchange: NYSE
Website: https://www.100.me
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/1/2023 | $7.50 → $2.80 | Buy → Neutral | Daiwa Securities |
| 5/16/2022 | $2.50 → $7.00 | Underweight → Overweight | JP Morgan |
| 3/21/2022 | $10.00 → $4.20 | Overweight → Underweight | Morgan Stanley |
Daiwa Securities downgraded Dingdong Ltd from Buy to Neutral and set a new price target of $2.80 from $7.50 previously
JP Morgan upgraded Dingdong Ltd from Underweight to Overweight and set a new price target of $7.00 from $2.50 previously
Morgan Stanley downgraded Dingdong Ltd from Overweight to Underweight and set a new price target of $4.20 from $10.00 previously