Wedbush Lifts PT on DoorDash (DASH) Stock

Group 1 - DoorDash, Inc. (NASDAQ:DASH) is recognized as a high growth large cap stock, with Wedbush raising its price target from $260 to $270 while maintaining an "Outperform" rating, indicating strong confidence in the company's future performance [1][2] - The company is expected to face near-term margin pressure due to increased spending, but these investments are projected to support long-term growth and expand the global total addressable market [2] - DoorDash is collaborating with OpenAI to integrate grocery shopping options into ChatGPT, allowing users to convert recipes into grocery orders for local delivery, enhancing consumer experience through AI [3] Group 2 - DoorDash is testing a standalone AI-powered app named Zesty, aimed at helping users discover new restaurants, currently in public testing in San Francisco and New York [4] - The company operates a commerce platform that connects merchants, consumers, and independent contractors, highlighting its role in the food delivery ecosystem [4]