DoorDash price target raised to $155 from $137 at JPMorgan

JPMorgan raised the firm’s price target on DoorDash (DASH) to $155 from $137 and keeps a Neutral rating on the shares. The company reported solid Q3 EBITDA,and guided to a strong Q4, driven by steady growth in the restaurants business and continued strong growth in new verticals and international, along with improving unit economics, the analyst tells investors in a research note.