UBS lowered the firm’s price target on DoorDash (DASH) to $206 from $240 and keeps a Neutral rating on the shares. 2026-2027 gross order value forecasts are slightly reduced to reflect moderating delivery growth, while higher-than-expected cost inputs lift EBITDA estimates, though margin upside remains limited as ongoing reinvestment in grocery, autonomy initiatives, and DashMart expansion keeps capital intensity elevated versus bullish expectations, the analyst tells investors in a research note.
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