DoorDash price target raised to $172 from $168 at BofA

BofA analyst Michael McGovern raised the firm’s price target on DoorDash (DASH) to $172 from $168 and keeps a Buy rating on the shares following what the firm calls a “solid quarter with top-line beat, but less margin upside.” For 2025, the firm now estimates GOV, revenue and EBITDA of $91.7B, $12.5B and $2.45B, versus prior forecasts of $90.7B, $12.36B and $2.36B, respectively.