DoorDash price target raised to $315 from $260 at Benchmark

Benchmark analyst Mark Zgutowicz raised the firm’s price target on DoorDash (DASH) to $315 from $260 and keeps a Buy rating on the shares. Following what the firm calls “another steady eddy quarter” with healthy gross order volume and a second consecutive sequential average order volume uptick, Benchmark says comments around ad scale, grocery frequency and new vertical engagement were “most notable.”