Wells Fargo raised the firm’s price target on DoorDash (DASH) to $251 from $239 and keeps an Equal Weight rating on the shares. The firm expects Q4 results in-line, and Q1 GOV guide 2% above consensus. Wells believes phasing of tech replatforming cost poses downside risk to consensus second half of 2026 margin expansion forecast and adds uncertainty to 2027 EBITDA estimates.
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