Piper Sandler analyst Thomas Champion raised the firm’s price target on DoorDash (DASH) to $290 from $210 and keeps a Neutral rating on the shares. The firm notes Q2 results were impressive with Orders, GOV, and Pricing accelerating versus Q1. DoorDash appears to be having success with adding new customers and driving order frequency via rising selection and Dashpass growth. Piper takes estimate for GOV higher for 2025/2026 on the strength of the customer momentum.
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