Piper Sandler lowered the firm’s price target on DoorDash (DASH) to $220 from $230 and keeps a Neutral rating on the shares. The firm notes shares traded up following solid Q4 results, with U.S. restaurant marketplace GOV moving to the second-highest level in the last 15 quarters, plus line of sight to margin improvements in the second half of 2026.
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Read More on DASH:
- DoorDash price target lowered to $275 from $300 at Morgan Stanley
- DoorDash: Sustained Growth and Improving 2026–2027 Profit Outlook Support Buy Rating Despite Near‑Term Margin Pressure
- DoorDash price target lowered to $221 from $251 at Wells Fargo
- DoorDash price target lowered to $220 from $238 at Barclays
- DoorDash price target raised to $272 from $260 at BofA