BTIG raised the firm’s price target on DoorDash (DASH) to $265 from $225 and keeps a Buy rating on the shares. The firm notes that U.S. receipts show that DoorDash order growth is accelerating, raising Q2 orders to up 19% and EBITDA to the high end of the company’s guidance from $638M to $650M, the analyst tells investors in a research note.
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