DoorDash Gains Confidence as New Verticals Mature, Analyst Expects Strong 2Q23 and Upside Potential in 2024

DoorDash Gains Confidence as New Verticals Mature, Analyst Expects Strong 2Q23 and Upside Potential in 2024

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JMP Securities analyst Andrew Boone reiterated DoorDash Inc DASH with a Market Outperform and a $100 price target. Ahead of earnings scheduled for August 2, the analyst increased his 2024 EBITDA by 10% due to increased confidence that new verticals are maturing while expecting strong 2Q23 results…

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