Truist analyst Youssef Squali raised the firm’s price target on DoorDash (DASH) to $340 from $330 and keeps a Buy rating on the shares. The firm cites the company’s “solid” Q4 results and Q1 guide that was higher on Gross Order Volume but lower on adjusted EBITDA, reflecting investments in Deliveroo, bad weather and seasonal step-up in Dasher costs, the analyst tells investors in a research note.
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Read More on DASH:
- DoorDash price target lowered to $200 from $205 at Roth Capital
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- DoorDash price target lowered to $270 from $285 at Bernstein
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