DoorDash price target raised to $235 from $217 at Truist

Truist raised the firm’s price target on DoorDash (DASH) to $235 from $217 and keeps a Buy rating on the shares after its Q4 results and guidance. The firm remains constructive on the company following stronger Q4 results and Q1 guide, driven by momentum across all segments underpinned by healthy trends across the marketplace, the analyst tells investors in a research note. This is particularly impressive given DoorDash’s growing scale across various verticals, the firm adds.