Stifel analyst Mark Kelley raised the firm’s price target on DoorDash (DASH) to $255 from $239 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results in e-commerce. The firm is leaving its estimates unchanged pending additional commentary on the pacing and impact of the Deliveroo acquisition while rolling forward its next-12-month estimates to Q4, the analyst tells investors in a research note.
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