Roth Capital analyst Rohit Kulkarni lowered the firm’s price target on DoorDash (DASH) to $191 from $193 and keeps a Neutral rating on the shares. The company reported a small beat and small raise on gross order volume, but the key surprise was its $4.5B worth of all-cash acquisitions – Deliveroo for $3.2B and SevenRooms for $1.2B, the analyst tells investors in a research note. DoorDash fundamentals remain robust, though the firm isn’t “thrilled” about Deliveroo acquisition which could drag growth and profitability in 2026, Roth adds.
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