DoorDash price target raised to $91 from $73 at Roth MKM

Roth MKM raised the firm’s price target on DoorDash to $91 from $73 but keeps a Neutral rating on the shares. The company reported a squeaky clean “beat and raise” result with upside to underlying metrics, but at current valuation levels, the risk/reward on the stock is balanced, the analyst tells investors in a research note. The firm adds that it is more positive on DoorDash and the post-Covid resilience in its fundamentals.