Doordash shares rise 2.72% intraday after Citic adjusted price target to $264 from $192.

Doordash, Inc. rose 2.72% in intraday trading, with the company potentially benefiting from the FAA's proposed new rule that would make it easier for companies to fly drones outside of an operator's line of sight and therefore over longer distances. This development could expand the reach of DoorDash's delivery services, making it more competitive in the market.