Morgan Stanley raised the firm’s price target on DoorDash (DASH) to $300 from $275 and keeps an Overweight rating on the shares, noting that Q2 gross order volume and the top end of Q3 guidance came in 2% and 3% above the firm’s forecasts, respectively. As a result of “strong growth tailwinds,” the firm raised its 2026 and 2027 GOV estimates by 5% and 7%, respectively.
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Read More on DASH:
- DoorDash price target raised to $326 from $272 at Truist
- DoorDash price target raised to $310 from $280 at Oppenheimer
- DoorDash price target raised to $315 from $260 at Benchmark
- DoorDash price target raised to $325 from $285 at BofA
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