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DoorDash price target raised to $240 from $225 at KeyBanc

DoorDash price target raised to $240 from $225 at KeyBanc

KeyBanc raised the firm’s price target on DoorDash (DASH) to $240 from $225 and keeps an Overweight rating on the shares. The firm notes DoorDash’s Q4 results and guidance reinforced the opportunity in local commerce remains large and the company has multiple tailwinds to drive high-teens growth over the medium term.

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