Wedbush raised the firm’s price target on DoorDash to $92 from $85 and keeps a Neutral rating on the shares. The firm notes DoorDash reported strong Q3 results as marketplace GOV of $16,751M beat estimates by 3.9% and adjusted EBITDA of $344M exceeded Street expectations by over 30% for the third consecutive quarter.
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Read More on DASH:
- DoorDash price target raised to $51 from $47 at Piper Sandler
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