DoorDash price target raised to $135 from $110 at Susquehanna

Susquehanna raised the firm’s price target on DoorDash to $135 from $110 and keeps a Positive rating on the shares. The firm said they put up an overall solid quarter and offered generally constructive guidance, though expectations were high coming in. Susquehanna continues to like its positioning and longer-term secular opportunity to be a leader in local on-demand delivery.