Oppenheimer raised the firm’s price target on DoorDash (DASH) to $310 from $280 and keeps an Outperform rating on the shares as product improvements driving accelerating monthly average users and all-time high order frequency, leading GOV acceleration to +23% year-over-year vs. Q1 +20% and guiding Q3 GOV +22% year-over-year. U.S. restaurant orders accelerated, while International benefited from strong Wolt+ membership growth, Oppenheimer adds.
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