JPMorgan analyst Doug Anmuth raised the firm’s price target on DoorDash (DASH) to $205 from $155 and keeps a Neutral rating on the shares. The company reported solid Q4 results and Q1 outlook with dollar value of orders upside and more in-line adjusted EBITDA, the analyst tells investors in a research note. The firm has more confidence that DoorDash can continue to grow sales n the high-teens to 20% over the next several quarters, but looks for a better entry point into the shares.
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