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DoorDash price target raised to $235 from $225 at Citizens JMP

Citizens JMP raised the firm’s price target on DoorDash (DASH) to $235 from $225 and keeps an Outperform rating on the shares. DoorDash launched its new AI-powered ad tools for brands and merchants and announced the acquisition of Symbiosys, an AI-powered advertising tool, for $175M, the analyst tells investors in a research note. The firm is incrementally positive on its 2026 EBITDA projections as advertising products are improving and advertising revenue is inflecting.

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