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0.000921341005468684 0.000592133881075408 -0.000527170341861881 -0.00140505600691083 -0.000790536041376552 -0.00232683595521205 -0.000834430324628955 -0.00201957597244497
Stock impact report

Wedbush Lifts PT on DoorDash (DASH) Stock [Yahoo! Finance]

DoorDash, Inc. (DASH) 
Company Research Source: Yahoo! Finance
On December 19, Wedbush lifted the price target on the company's stock to $270 from $260, while keeping an “Outperform” rating. As per the analyst, DoorDash, Inc. (NASDAQ:DASH) happens to be a top mobility pick for next year as it maintains a leading position in the broader US food delivery. At the same time, the company is also successfully expanding into new initiatives. Furthermore, the firm added that near-term margin pressure due to the increased spending is anticipated. However, such investments are expected to support long-term growth and the global total addressable market. In a different update, DoorDash, Inc. (NASDAQ:DASH) announced that it is joining hands with OpenAI to bring grocery shopping options directly into ChatGPT. The company added that the new DoorDash app in ChatGPT allows customers to turn recipes into grocery orders delivered from local stores. AI has been unlocking an entirely new search and discovery experience for consumers which is dynamic and personal Show less Read more
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