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DoorDash price target raised to $151 from $140 at Jefferies

Jefferies analyst John Colantuoni raised the firm’s price target on DoorDash to $151 from $140 and keeps a Buy rating on the shares. The firm believes DoorDash’s guided FY24 GOV/EBITDA conservatively, leaving room to raise numbers throughout the year, the analyst tells investors in a preview note for the U.S. Internet group.

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