DoorDash (NASDAQ:DASH) Sees New Price Target from Jefferies Amid Autonomous Delivery Initiative

Core Insights - DoorDash is a leading food delivery service in the U.S., competing with Uber Eats and Grubhub, and has a new price target set by Jefferies at $280, reflecting a 6.2% increase from its current price of $263.65 [1][5] Company Developments - DoorDash has partnered with Waymo to launch an autonomous delivery service in Metro Phoenix, enhancing its delivery capabilities through technology, and offering a $10 discount for DashPass members on Waymo rides in select cities [2] - The current trading price of DoorDash (DASH) is $264.06, with a slight decrease of 0.98% today, and has fluctuated between a low of $257.71 and a high of $265.38 [3][5] - Over the past year, DoorDash's stock has seen a high of $285.50 and a low of $150.26, indicating its volatile nature [3][5] Market Position - DoorDash's market capitalization is approximately $112.8 billion, with a trading volume of 2,232,360 shares, underscoring its strong position in the food delivery industry [4]