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DoorDash price target lowered to $224 from $260 at DA Davidson

DA Davidson lowered the firm’s price target on DoorDash (DASH) to $224 from $260 and keeps a Neutral rating on the shares. The company posted “solid” Q4 results, though the firm is adjusting its model to reflect the broader multiple pressure in Tech and elevated AI-related uncertainty, the analyst tells investors in a research note.

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