Truist analyst Youssef Squali raised the firm’s price target on DoorDash (DASH) to $326 from $272 and keeps a Buy rating on the shares. The company reported a “stellar” Q2 and a higher Q3, driven by accelerating growth across users and orders while reflecting continuous product improvements in a large and growing total addressable market, the analyst tells investors in a research note. Core U.S. restaurants, new verticals, and international all grew double digits, the firm added.
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