DoorDash Surges to 70th in Trading Volume with 2.54% Gain, Raymond James Upgrades to Strong Buy

On June 24, 2025, DoorDash (DASH) saw a trading volume of $942 million, ranking 70th in the day's stock market activity. The company's stock price increased by 2.54%, marking the second consecutive day of gains, with a total increase of 7.13% over the past two days.

Raymond James upgraded DoorDash's stock rating to "Strong Buy" from "Outperform," citing significant upside potential from the company's acquisition of Deliveroo. The brokerage firm also raised its price target for DoorDash to $260, up from $215, reflecting the firm's belief in the synergy potential between the two companies.

Analyst Josh Beck from Raymond James highlighted that the acquisition of Deliveroo is underappreciated by the market, which could drive further stock appreciation. The upgrade comes as DoorDash shows strong momentum, with the stock delivering a 93% return over the past year and trading near its 52-week high of $223.81.